MENA Crypto Volume Surges to $350B Amid War, Inflation Fears

The Middle East and North Africa (MENA) region has seen a significant surge in crypto transaction volume, more than tripling from $100 billion in 2022 to an estimated $350 billion by 2025-2026.

This growth is largely driven by two factors: regulated Gulf adoption and demand for bitcoin and stablecoins as hedges against war, inflation, and currency stress.

Turkey remains the region's largest market, processing close to $200 billion annually, while the United Arab Emirates handled about $150 billion in 2025. Saudi Arabia recorded the fastest growth at 154% year over year, followed by Qatar at 120%.