According to a report from the Australian largest crypto exchange Independent Reserve, on May 24, its latest 2025 Crypto Assets report shows that the adoption rate of XRP among the Singaporean public has risen significantly from 14% to 17%, making it the second highest rising Crypto Asset.
The report, based on a survey of 1,500 Singapore residents, found that the adoption rate of Ethereum (ETH) increased the most, rising from 41% to 48%; Solana (SOL) increased from 17% to 19%; Dogecoin (DOGE) increased from 18% to 19%.
In addition, the recognition of Crypto Assets in Singapore has reached a record 94%, with Bitcoin (BTC) still being the most recognized Crypto Asset, with a recognition rate of 91%, accounting for 68% of the total Crypto Assets held. In terms of stablecoins, 46% of respondents have held stablecoins, and 83% prefer stablecoins pegged to the US dollar. The market value of Ripple's RLUSD stablecoin has surpassed $310 million, rapidly rising in the Asia-Pacific region.
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The adoption rate of XRP in Singapore has significantly risen from 14% to 17%.
According to a report from the Australian largest crypto exchange Independent Reserve, on May 24, its latest 2025 Crypto Assets report shows that the adoption rate of XRP among the Singaporean public has risen significantly from 14% to 17%, making it the second highest rising Crypto Asset.
The report, based on a survey of 1,500 Singapore residents, found that the adoption rate of Ethereum (ETH) increased the most, rising from 41% to 48%; Solana (SOL) increased from 17% to 19%; Dogecoin (DOGE) increased from 18% to 19%.
In addition, the recognition of Crypto Assets in Singapore has reached a record 94%, with Bitcoin (BTC) still being the most recognized Crypto Asset, with a recognition rate of 91%, accounting for 68% of the total Crypto Assets held. In terms of stablecoins, 46% of respondents have held stablecoins, and 83% prefer stablecoins pegged to the US dollar. The market value of Ripple's RLUSD stablecoin has surpassed $310 million, rapidly rising in the Asia-Pacific region.