CoinFlip announced in a new report that altcoin usage varies significantly by region, as users choose different digital assets based on local payment needs, financial infrastructure, and crypto use cases.
In its analysis, the company found that stablecoins lead in Mexico, Ethereum is more commonly used in parts of Europe and Panama, and Litecoin is more prevalent in Alaska and Puerto Rico.
CoinFlip said its 2025 BATM dataset shows Mexico as an outlier, where stablecoins such as USDT rank ahead of Bitcoin. Spain, Italy, and Panama show stronger Ethereum use tied to payments and DeFi-related activity.
Despite these regional differences, Bitcoin remains the dominant cryptocurrency globally, accounting for just under 80% of worldwide BATM transactions over the past year in CoinFlip’s dataset. The company also noted strong variation at the state level, including in Arkansas, where Bitcoin represented 96% of BATM transactions.
CoinFlip has also expanded its focus on user safety through educational initiatives. Its SAFE in Six scam-screening framework uses six pause-and-check questions designed to reduce urgency and help users avoid coercive transactions. The company said the tool is intended to slow decision-making before funds are sent, reflecting a prevention approach centered on user behavior at the point of transaction.
In January 2026, CoinFlip joined the Cryptocurrency Anti-Fraud Education (CAFE) Association as a founding member alongside Athena Bitcoin. The association said the companies will support early efforts in digital asset fraud research and consumer education campaigns, linking them to a broader nonprofit initiative focused on safety and public trust in the digital economy.
Founded in 2015, CoinFlip operates ATMs, wallet services, over-the-counter trading, and other cash-to-crypto products at more than 5,600 locations worldwide.
