According to Research, Global Cryptocurrency Adoption Exceeds 320,000,000 Users - This is the country leading the charge
A new study from a digital asset payments company reveals that hundreds of millions of people globally are using cryptocurrencies.
Singapore-based TripleA said the company collected data from more than a dozen reports and surveys to "get the most accurate and complete set of statistics" for their research.
According to company research, global crypto ownership is at an average of 4.2% as of this year, which equates to more than 320 million digital asset users worldwide. .
Leading in terms of global crypto adoption is the United States with 46 million users, followed by India and Pakistan with 27 million and 26 million users, respectively.
By continent, research shows Asia is leading the way with 130 million crypto users. Africa takes second place with 53 million crypto users, followed by 51 million users in North America.
According to the research, the growth of crypto users since 2014 appears to be following the trajectory of internet adoption in the 1990s.
For Bitcoin (BTC) , the study highlights that the value of the leading cryptocurrency by market capitalization has increased by an astonishing 540,000% from 2012 to 2021. 2021 and the cryptocurrency market is predicted to grow at a compound annual growth rate of 56.4% from 2019 to 2025.”
Considering the impact of cryptocurrencies across various industries, the study highlights that 85% of US-based businesses say enabling digital asset payments is a high priority . Additionally, businesses that accept crypto payments have seen an average return on investment of 327% and new customers up to 40%.
Aug 29, 2022