India 6th biggest country in terms of DeFi adoption: Chainalysis
- Another Chainalysis report had shown that India ranked second in terms of crypto adoption globally, behind Vietnam, but ahead of countries such as the US, the UK, and China
NEW DELHI: DeFi or decentralised finance represents one of the fastest growing and most innovative sectors of the cryptocurrency economy, and India ranks sixth in terms of DeFi adoption, according to the 2021 Global DeFi Adoption Index by blockchain data platform Chainalysis.
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