Data: US Crypto Economy Shrinks as Canada’s Market Expands in 2026

Figures from blockchain analytics firm Chainalysis show Canada’s crypto economy grew more than 2% in the year to June 2026, with its market share rising 2.3% to $247.7 billion, while the United States contracted by 2.2%. Global crypto activity shrank 1.6% over the same period. In Canada, stablecoins, dollar-pegged tokens, accounted for 44% of crypto order-book volume in June 2026, up from 30% a year earlier and ahead of store-of-value assets at 29%; USDC dominated the stablecoin category. Chainalysis ranked Canada 10th among 117 countries on its grassroots adoption index and described it as having the strongest peer-to-peer crypto economy in the Group of Seven.