Half of Latin Americans Have Used Cryptocurrencies, Mastercard Survey Shows

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

More than half of Latin Americans have made at least one transaction with crypto, and a third have made a purchase with stablecoins, a Mastercard survey revealed. andresengler reports

The study entitled"New Payments Index 2022," also showed that more than a third of Latin Americans said they have made an everyday purchase with a stablecoin. By comparison Mastercard said just 11% of those responding worldwide, reported having made a purchase using a digital asset.

In addition, 54% of Latin Americans said they were optimistic about the performance of digital assets as an investment vehicle, according to the study, which was based on a survey of 35,000 people around the world conducted between March and April. “More and more Latin Americans are showing interest in cryptocurrencies and want solutions that facilitate access to the crypto world,” Walter Pimenta, executive vice president of products and engineering at Mastercard Latin America and the Caribbean, said in a statement.

Nearly 70% of consumers in Latin America and the Caribbean said they would feel more comfortable investing and transacting in crypto if there was a trusted organization in the middle. “The future of payments is already here. Increasingly Latin Americans are turning to technology to conduct their financial transactions and this trend is expected to continue to rise, with an overwhelming 95% planning to use a digital payment method in the coming year and 29% acknowledging having used less cash in the past year,” Pimenta said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Mastercard andresengler The adoption of stablecoins will grow exponentially, especially after the creation of $MXNt

Mastercard andresengler I heard Tether is popular there

Mastercard andresengler That’s really interesting results. I think we will see a sharp increase in the turnover of cryptocurrency in the economy of Latin America. Btw, u can find really cool ideas about crypto in my Twitter. Follow me, guys, and I will follow u 2.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI offers $100,000 reward for information on 'Cryptoqueen' Ruja Ignatova, adds her to Ten Most Wanted Fugitives listAccording to the FBI, Ignatova is the just the 11th woman to be added to the list in the organization's 72-year-history. Authorities have now offered a $100,000 reward for information leading to her capture.
Source: CBSNews - 🏆 87. / 68 Read more »