U.S. Surging in Crypto Activity Under Trump: TRM Labs Report

Why It Matters

crypto markets.

Summary

A TRM Labs report finds U.S. crypto activity surged under President Trump, with transaction volumes in the first half of 2025 topping $1 trillion—about a 50% increase year‑over‑year. TRM attributes the jump to a more favorable political and regulatory environment, rising institutional adoption of stablecoins and ETFs, and clearer rules that have boosted investor confidence and onshore capital formation. While the U.S. still trails India on TRM’s country‑adoption index, the surge narrows the gap and signals growing financial‑system integration and policy leverage for U.S. crypto markets.