BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023: New Study

Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023: New Study
A new study conducted by an information technology company indicates that crypto payment method adoption is primed to skyrocket in the next two years.
The Capgemini Research Institute surveyed customers and industry stakeholders around the world to provide an analysis of the world’s current payments landscape. The think tank also combed through statistics from the Bank of International Settlements, the European Central Bank, the International Monetary Fund, the World Bank, and other central banks.
 
Capgemini notes that less than 10% of consumers around the world currently use cryptocurrencies for payments. However, the research institute predicts nearly 45% of customers will use the emerging payment method within the next 1-2 years due to the growing need for cross-border payments in addition to concerns about high transaction fees.
Capgemini also says crypto credit cards are leading the way in terms of adoption.
“Cryptocurrency market volatility indicates a lack of maturity. Still, crypto-linked cards are taking the lead in the crypto-payments space fueled by global card player initiatives to create a fertile crypto-payments ecosystem.”
The study, however, still thinks the outlook for cryptocurrencies and stablecoins is “hazy,” citing the mixed reactions to crypto assets by governments around the world. Capgemini says Russia, India, and the United Arab Emirates see potential in the adoption and regulation of crypto assets and stablecoins. Meanwhile, the study notes other countries such as China and Egypt have moved to ban crypto assets due to the rising risk of illicit transactions.
Read the full report here .
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter , Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.


Featured Image: Shutterstock/Sergj
The post Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023: New Study appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Read the full Article:  ⭲ Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023: New Study


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News