As Cryptocurrency Markets Rebound in 2025—Driven by Price Surges and the Growth of Financial Products Like Spot Bitcoin ETFs in the United States—the True Transformation Is Taking Place in a Less Visible Arena: The Geopolitical One. According to WisdomTree, Beyond Charts and Headlines, a Global Race for Digital Asset Dominance Is Taking Shape.
“Nigeria, the United States, the United Arab Emirates, Brazil, and South Korea are positioning themselves as strategic hubs for the future of cryptocurrencies. They’re not just adopting these assets—they’re operationalizing them,” says Dovile Silenskyte, Director of Digital Asset Research at WisdomTree. According to the expert, Nigeria has become “ground zero” for cryptocurrencies as a financial lifeline.
“In Lagos, Nigeria’s economic capital, cryptocurrency use is not a speculative trend but a vital financial tool. Nigeria tops global adoption rankings, driven by a combination of a digitally active youth, persistent inflation, and ineffective banking systems. Peer-to-peer use of stablecoins (especially USDT on Tron) is booming. Moreover, despite past hostility from the Central Bank, users have developed parallel pathways. The central bank’s digital currency (CBDC) pilot project, the eNaira, has failed—reaffirming the strong popular preference for decentralized alternatives,” comments Silenskyte.