According to CoinMeta, data from Chainalysis shows that as of June 2026, Singapore's crypto economy has grown by 55.4% to reach $284 billion, regaining its position as the largest crypto economy in Central Asia, Southeast Asia, and Oceania ( CSAO ). Institutional platform activities have increased by 94% to $60 billion, mainly concentrated in market makers, OTC, and institutional brokerage. Meanwhile, the crypto economy in the CSAO region has contracted by 6.8%. In the Philippines, Thailand, and Vietnam, there were a total of 5.4 million small-value P2P transfers (less than $10,000 each), accounting for 14.4% of global such transfers. Cross-border stablecoin activities in all markets exceeded those within the country, with regional cross-border activities being 3.2 times that of domestic activities.