Small Markets Drive Crypto Growth: Latvia, Cyprus, UAE, Lithuania Lead the Way

A new wave of digital asset adoption is sweeping across the globe, driven by smaller markets like Latvia, Cyprus, the UAE, and Lithuania. Recent data reveals a startling trend – these emerging economies are dominating high-value crypto transactions, even as established hubs struggle with regulatory hurdles. 82% of Paybis’ successful transactions in the first half of 2025 were from business clients, highlighting institutional involvement. This shift presents an interesting question: are traditional crypto centers struggling to keep pace with the rapid growth in smaller markets?