The global network of cryptocurrency ATMs is once again on an upward trajectory, nearing record-breaking levels. This comes after a turbulent period marked by the Terra stablecoin collapse and the FTX fallout in late 2022. The crypto ATM landscape, once heavily impacted, is showing signs of strong recovery and growth.

From Peaks to Troughs: A Timeline

📊 As of December 1, 2022, the number of crypto ATMs worldwide reached an all-time high of 39,958, reflecting the growing adoption of digital currencies. However, the market instability that followed led to a steep decline.

By July 1, 2023, the total number of operational crypto ATMs had dropped to 33,085, marking a loss of 6,873 units over seven months. This decline mirrored the broader challenges faced by the crypto industry during that period.

Fast forward to January 11, 2025, and the tide has turned. The global count of crypto ATMs now stands at 38,866, showcasing a robust recovery. Notably, 283 new machines have already been installed in the first few days of this year, highlighting the continued expansion of crypto accessibility worldwide.

Where Are Crypto ATMs Installed?

Crypto ATMs are predominantly found in regions with strong cryptocurrency adoption, including:

  • North America: Leading the charge, with the United States and Canada hosting the majority of installations.

  • Europe: Countries like the UK, Germany, and Switzerland are key players.

  • Asia: Emerging markets like Hong Kong and Singapore are seeing rapid growth.

  • Latin America: Nations such as Brazil and Mexico are embracing crypto ATMs as a means of financial inclusion.

Conclusion: A Resilient Ecosystem

The resurgence of crypto ATMs underscores the resilience and growing acceptance of digital assets in the global economy. With a renewed momentum and installations picking up pace, crypto ATMs are poised to play an even greater role in fostering mainstream adoption.

As the numbers continue to climb, the question isn’t just where these ATMs are being installed—but how they’re revolutionizing access to cryptocurrencies on a global scale.

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