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News · Macro & Markets

MENA Crypto Market Hits $443B as UAE Closes Gap on Türkiye

Chainalysis data shows the UAE expanded 32% to $104.8 billion while Türkiye's $144.5 billion market saw domestic peer-to-peer stablecoin transfers jump fivefold.

$BTC $79,615 −0.8%$ETH $2,302 −1.2%
October 26, 2026basisdesk.news
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Key point 1 of 3

01

MENA crypto activity reached $443.3 billion between July 2025 and June 2026, declining 1.4% year-over-year.

October 26, 2026basisdesk.news
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Key point 2 of 3

02

The UAE surged 32% to $104.8 billion, closing to 73% of Türkiye's leading $144.5 billion market.

October 26, 2026basisdesk.news
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Key point 3 of 3

03

Türkiye's P2P stablecoin volume expanded fivefold to $3.56 billion, while tokenized gold transactions reached nearly $1 billion.

October 26, 2026basisdesk.news
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Context

Regional growth diverged as Turkish authorities introduced formal CASP licensing and physical gold cash restrictions, while the UAE expanded regulatory licensing to attract…

October 26, 2026basisdesk.news
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Why it matters

Turkish retail users have shifted heavily toward wallet-to-wallet stablecoin savings and digital gold products, while domestic exchanges adapt to traditional financial compliance…

October 26, 2026basisdesk.news
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What to watch

Market share trajectory between the UAE and Türkiye leading into the 2027 reporting cycle, alongside institutional rollout under SPK licensing.

October 26, 2026basisdesk.news
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Sources

Built from 1 primary source, machine-checked before publication.

  • Chainalysis Blog
October 26, 2026basisdesk.news
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