According to Independent Reserve, Australia's largest cryptocurrency exchange, its latest Cryptocurrency 2025 report shows that the adoption rate of XRP in Singapore has risen sharply from 14% to 17%, making it the second largest cryptocurrency in terms of growth. The report, based on a survey of 1,500 Singapore residents, found that Ethereum (ETH) adoption increased the most, from 41% to 48%; Solana (SOL) from 17% to 19%; and Dogecoin (DOGE) from 18% to 19%. In addition, cryptocurrency awareness in Singapore reached a record 94%, with Bitcoin (BTC) remaining the most recognized cryptocurrency at 91%, accounting for 68% of overall cryptocurrency holdings. In terms of stablecoins, 46% of respondents have held stablecoins, and 83% prefer stablecoins pegged to the US dollar. Ripple's RLUSD stablecoin market cap has exceeded 310 million US dollars and is rapidly rising in the Asia Pacific region.
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