March 28, 2024

Where do the most active cryptocurrency users live?

In Latin America. Half of Hispanics have used cryptocurrencies, Mastercard survey shows.

According to a survey conducted by Mastercard, in Latin America, 51% of consumers have made at least one transaction with cryptocurrencies.
In comparison, only 11% of respondents worldwide reported having made a purchase using a digital asset.
In addition, 54% of Hispanics said theyare optimistic about digital assets as an investment vehicle, according to the study, based on a survey of 35,000 people worldwide conducted between March and April.
“More and more Latinos are showinginterested in cryptocurrencies and need solutions that make it easier to access the crypto world,” Walter Pimenta, executive vice president of product and engineering for Mastercard Latin America and the Caribbean, said in a statement.

Nearly 70% of consumers in Latin America andThe Caribbean said they would feel more comfortable investing and transacting in cryptocurrencies if they did so through a trusted entity.
“More and more Latinos are turning totechnology to conduct their financial transactions, and this trend is expected to continue to grow, with an overwhelming 95% planning to use a digital payment method in the next year and 29% admitting to using less cash in the past year,” Pimenta said.