Research: 3.6 million Americans will pay for purchases with cryptocurrencies in 2022


Insider Intelligence experts expect that by the end of this year, the number of owners of cryptocurrencies in the US will increase to 33.7 million, and a tenth of them will pay with cryptocurrencies.

The research company Insider Intelligence published a report in which it said that the value of cryptocurrencies as a means of payment will grow by 70% this year. According to the forecast, by the end of the year, more than 3.6 million Americans will use digital currencies as a means of payment for goods and services.

According to the company’s chief analyst David Morris (David Morris), the volatility of cryptocurrencies is reduced due to the growth in the use of stablecoins. Also, with the development and development of digital currencies of the Central Bank, the authorities of the country will pay more attention to cryptocurrencies as a means of payment. In addition, the company expects to add many more payment options in the future, including digital wallets and cards.

By the end of 2022, the number of adult cryptocurrency users in the US will increase to 33.7 million people. And in 2023, this number will grow to 37.2 million. It is noteworthy that last year, the American edition of Newseek, referring to a study by NYDIG, reported that about 46 million US residents owned or own digital currencies.

Also at the beginning of last year, the Gemini cryptocurrency exchange conducted a survey, during which experts found that more than half of the surveyed US citizens are interested in cryptocurrencies, are ready to study the principle of their work and invest in them.

Earlier, an analyst at Morning Consult stated that more than 91% of Americans are aware of cryptocurrencies. At the same time, only 21% know about Web3.

Source: Bits

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