Chainalysis Finds $443B MENA Crypto Economy as UAE Growth Outpaces Region
Summary
Chainalysis estimated that $443.3 billion in cryptocurrency value was received across the Middle East and North Africa from July 2025 to June 2026, down 1.4% year over year. The UAE rose 32% to about $104.8 billion, while Türkiye remained the largest market at roughly $144.5 billion. The report also cited a fivefold increase in Turkish domestic peer-to-peer stablecoin volume and disruptions to Iranian activity during internet blackouts. These figures measure on-chain value, not unique users or everyday purchases, and may reflect institutional transfers, remittances, exchange activity and attribution methods. Because the study period ended in June 2026, the totals should not be treated as October activity.
