Japan ranked fourth in the grassroots cryptocurrency adoption rankings in Chainalysis’ 2026 Global Crypto Adoption Index. The report covers the year from July 2025 through the end of June 2026 and says crypto economic activity remained resilient despite a bear market. Over the period, global crypto market capitalization declined by about 50%, equivalent to $2.1 trillion. Chainalysis also highlighted the diversification of cryptocurrency use cases and increased activity in remittances using stablecoins (cryptocurrencies designed to track stable assets).