The adoption of cryptocurrencies continues to increase. According to analytics company Triple A, the number of digital asset users has reached 320 million, which is 4.2% of the total population.
The United States remains the leader in terms of the number of cryptocurrency users – 46 million people own or previously owned digital assets, which is 13.74% of the country’s population. In India, 27 million people (2%) use cryptocurrencies, and 26 million (11.5%) in Pakistan.
In Vietnam, 20 million people use cryptocurrencies, which is 20.2% of the population – the largest share among all countries. In Russia, digital assets are owned by 14.6 million – 10.1% of the country’s population.
The report also states that the volume of international payments in cryptocurrencies amounted to $295 billion in 2021. It is expected that by 2025 the figure will increase to $428 billion. At the same time, 15.8% of payment services already use digital assets.
The adoption of cryptocurrencies for everyday payments is also increasing. A recent study by Deloitte showed that 75% of US retailers are going to implement support for cryptocurrency payments within two years.
Source: Bits
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