The adoption of crypto worldwide has seen rapid growth. Checking out the promising market of digital assets, many countries have started to work on the regulations. China is an exception. Lawmakers’ opinions in this respect are highly important. Any country’s citizens’ perception also matters. You can visit https://cryptobnb.io/ to get more about crypto.
Recently a global survey was conducted by the provider of a global payment solution. It mainly surveyed a 3000 panel. It was mainly platform-based online B2C marketplaces, e-commerce businesses, and fintech across 10 different countries. Demystifying Crypto was the title of the report. It was seen that nearly 45% of the respondents believe that cryptos must get used as a currency and never as any investment. The reports also suggested that almost half of the respondents in the age group of 18-35 were ready to accept crypto for paying for goods or services.
Consumers see utility and advantages to paying with crypto. It can be stablecoins or any non-pegged cryptocurrency. Quicker transactions and low fees mainly for purchases cross-border offer huge benefits to all consumers.
Mainly on any institutional level, an emerging trend is seen. It supports crypto use in the near future. The prominent examples of some methods of payments accepting cryptocurrency-funded payments are PayPal and Visa. Moreover, a lot of online businesses have plans to offer crypto as a method of payment by 2024.
The findings of the survey provide an insight into the consumer evolution and attitudes of businesses towards cryptocurrency. It marks a legal transition from the early acceptance phase to one that is highly practical, positive, and pragmatic, and also despite few meaningful obstructions to mainstream acceptance is starting to make some business leaders believe in the future.
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