TipRanks
2022-02-25 16:27:26

Cryptocurrency Adoption among Merchants and Consumers Is Growing

In recent years, the acceptance and adoption of cryptocurrencies have grown rapidly. Alongside an ever-increasing number of users transacting with digital currencies, there also has been an overwhelming boost in demand for using crypto as a standard medium overall. Merchants and consumers alike have been mainstreaming this once-novel payment method through sheer demand. To better understand this shift in consumer behavior, Crypto.com and WorldPay from FIS recently surveyed over 110,000 Crypto.com users across geographic areas, ages, and income levels, alongside FIS’ global base of 1.5 million+ merchants in Q4, 2021.

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