From March 16 to March 20, Morning Consult analysts conducted a survey among 2,200 US residents and 1,000 citizens of four Latin American countries: Argentina, Chile, Colombia and Mexico. It turned out that 68% of Colombians, 63% of Argentines, 61% of Chileans and 59% of Mexicans believe that in the next decade cryptocurrencies will become a reliable payment method, while only 38% of US citizens hold this opinion. Cryptocurrencies are owned by 22% of Americans, 24% of Argentines, 18% of Chileans, 26% of Colombians and 22% of Mexicans.
Residents of the United States are less optimistic about cryptocurrencies than citizens of Latin America. This may be due to a decrease in confidence in the cryptocurrency industry due to the collapse of the Terra project and the FTX cryptocurrency exchange, as well as the bankruptcy of crypto lenders Voyager Digital and Celsius. These events have become a hot topic for discussion in American political circles and have led to even more tightening of regulators in relation to cryptocurrencies.
US respondents reported that they bought and sold less cryptocurrencies last year, while everyday use of cryptocurrencies in Latin America is not declining. Analysts cited Mastercard data, according to which 51% of consumers from Latin America made transactions with crypto assets. The large-scale adoption of cryptocurrencies will also be facilitated by the recent partnership between the Bitso crypto exchange and Mastercard to launch a debit card in Mexico, the researchers suggested.
According to a February survey by Morning Consult, conducted in conjunction with the Coinbase exchange, 76% of US cryptocurrency owners believe in the prospects of blockchain and digital assets.
Source: Bits
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