Southeast Asia is the new leading region in GoodDollar adoption

GoodDollarHQ
GoodDollar
Published in
2 min readAug 14, 2021

Since April 2020, GoodDollar is growing across Southeast Asia, and we have some really interesting insights and numbers to share. The region recently proved to have the highest engagement with the GoodDollar wallet in the past 30 days.

  • Southeast Asia represents almost 40% of active members,
  • 40% of all referral invitations sent in the past 30 days came from Southeast Asia.
  • The top three most engaged countries are all in Southeast Asia: 75,000 active members from Vietnam (27% of all active members), Indonesia (18,000 active members) and India (17,000 members).
  • Taiwan, Bangladesh, and Philippines also appear in the top 20 countries.
  • 15,000 new GoodDollar wallets were created in Vietnam in the past month, more than any other GoodDollar country.
  • 4,000 new wallets created in India
  • 2,000 new wallets created in Indonesia
  • The second most spoken language in the web app is Vietnamese.

The adoption curve in Southeast Asia is reflective of the recent acceleration of crypto adoption in the region, in general. Specifically in regards to GoodDollar, the adoption curve may be a reflection of the current economic situation, or alternatively, people really see an opportunity for GoodDollar in their communities. Either way, we welcome all new members to the GoodDollar community. And it’s time we start learning Vietnamese, too.

Read more about the acceleration of crypto adoption in Southeast via Asia Times.

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GoodDollarHQ
GoodDollar

GoodDollar is a series of ongoing experiments and research, establishing an economic framework designed to reduce global wealth inequality through UBI.