# Crypto Volume Shifts Toward the Gulf and Emerging Markets

On-chain volume growth keeps concentrating in Gulf and emerging-market jurisdictions where dollar access is scarce and regulated venues are being built, so the policy decisions that shape crypto increasingly originate outside the United States and Europe.

- Conviction: 43 / 100 (strengthening)
- 7-day move: +3
- Horizon: Emerging (watchlist)
- Tracking since: 2026-09-07T00:00:00.000Z
- Last updated: 2026-09-14T14:04:09.447Z
- Canonical: https://polylog.news/crypto/trends/crypto-activity-shifts-to-gulf-and-emerging-markets
- Publisher: Polylog
- Affected regions: Middle East, India

## Recent score history

- 2026-09-13: 40
- 2026-09-14: 43

## Recent evidence

- [confirms] Coinbase, Nu and Circle Move to Own the Plumbing Between Banks and Stablecoins (2026-09-14): Circle's $400 million Tazapay purchase was explicitly for emerging-market payment links, and Nu's distribution base is Latin American. The buy-side price signals that the growth corridor issuers are paying up for sits outside the US and EU.
- [confirms] Robinhood's Chief Executive Says Companies Should Not Hold a Veto Over Tokens Tracking Their Shares (2026-09-12): An Indian state is drafting a plan to tokenize public infrastructure, arriving alongside the US rulemaking on blockchain shareholder registers. Sub-national governments outside the US and EU initiating tokenization programs is the policy-origination shift the thesis tracks.

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