MENA Region Leads Global Growth in Stablecoin Adoption on Binance Earn
The Middle East and North Africa (MENA) region is emerging as one of the world's most dynamic markets for stablecoin adoption. According to a report by Binance Research, MENA is now the fastest-growing region for stablecoin savings on Binance Earn.
The share of global stablecoin balances held through Binance Earn in MENA increased from 5.53% to 9.21%, reflecting growing participation in digital savings products and the increasing maturity of stablecoin use across the region.
Binance Research data also indicates that growth is broad-based across MENA, with the UAE accounting for the largest stablecoin holdings in the region.
Tarik Erk, Head of MENAT and Senior Executive Officer at Binance, said, 'The growth we are seeing across MENA reflects a broader evolution in how users engage with stablecoins. Trading remains a central part of the digital asset ecosystem, but users are also exploring how stablecoins can support other financial needs.'
The report highlights that stablecoin balances in MENA increased by more than 100% compared to early 2025, while stablecoins allocated to Binance Earn grew by approximately 60% over the same period.