Global inflation rates may have stabilized, yet in various nations, cryptocurrencies are becoming increasingly popular as a trustworthy alternative to local currencies.
Global Inflation Trends
Countries are experiencing different inflation rates, causing many to rely on cryptocurrencies to safeguard their savings. The inflation spike seen in the early 2020s, largely due to government stimuli during the COVID-19 pandemic and supply chain disruptions, is fading. However, certain nations still endure severe inflation.
Crypto Adoption
Country-Specific Inflation Rates
- Bolivia:
- Inflation Rate: 22.23% (October 2025)
- Amid rising inflation, the boliviano is struggling, pushing crypto adoption to new heights.
Bolivia Inflation Chart
Source: National Institute of Statistics & Chainalysis
-
Venezuela:
- Inflation Rate: 172% (April 2025)
- Venezuelans are turning toward digital assets due to rampant inflation and have received $44.6 billion in crypto from July 2024 to June 2025.
-
Argentina:
- Inflation Rate: 31.3% (October 2025)
- President Javier Milei is tackling inflation with strict austerity measures.
- Turkey:
- Inflation Rate: 32% (October 2025)
- A return to conventional monetary policies has somewhat alleviated inflation in Turkey, where crypto transactions surged to $200 billion.
-
Iran:
- Inflation Rate: 45.3% (September 2025)
- Heavy sanctions and increased living costs have driven the nation to explore crypto as an alternative.
-
Nigeria:
- Inflation Rate: 16% (October 2025)
- Newly implemented reforms led to a significant decrease in inflation, enhancing crypto usage as an alternative.
Despite the global inflation slowing, cryptocurrency remains a practical option in areas where local currencies falter.
