Millions Of Consumers Are Beyond Crypto-CuriousĪ fascinating finding in the new research points to consumer intent regarding cryptocurrency ownership and spending. Per the new report, “12 percent of consumers (a projected 30 million) currently own one or more cryptocurrencies, 4.5 percent (11.5 million) have owned them in the past and 17 million nonowners may acquire cryptocurrency for making purchases in the near future.” Sounds like a new payments method going in mainstream directions, and crypto certainly is. Those who have made purchases with it bought everything from real estate and jewelry to groceries and food from delivery aggregators.” Eighteen percent of the adult population is likely to use cryptocurrency to make a purchase, some 46 million consumers, including 17 million nonowners. consumers on this hot topic, examining consumers’ crypto wants and wishes.Īmong findings from the new data is that current users, former users and even nonusers “are eager to own and use cryptocurrencies for making purchases in the future, going so far as to say that they would if more merchants accepted it.
The valuation of cryptocurrency markets hit $2 trillion for the first time in April as consumers started snapping up blockchain bucks, then seeking out how and where to spend them.įor the PYMNTS May 2021 Cryptocurrency Payments Report: How Consumers Want To Use It To Shop And Pay, a BitPay collaboration, researchers surveyed a census-balanced panel of over 8,000 U.S.
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