Annual crypto adoption development in Mexico 2020-2023, by metric
Mexico ranked in the top 20 in the world in 2023 in terms of crypto adoption based on transaction volume. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Notable is that Mexico slightly prefers decentralized services - such as Decentralized Finance (DeFi) over centralized services. Mexicans also increasing used crypto for P2P exchange, ranking at position 30 out of 146 in the world.