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Articlestellar.orgCaroline Young4y ago

Entering the Mainstream: Cryptocurrency Adoption in 2022

The Stellar Development Foundation and Wirex released a 2022 cryptocurrency adoption report surveying 8,257 people across the UK, US, Singapore, and Mexico. Key findings show 81% of the general population has heard of crypto, 39% own or have owned it, and adoption is spreading beyond the stereotypical young male demographic to women and older adults.

Financial InclusionEmerging MarketsPayments
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The Stellar Development Foundation partnered with Wirex to publish their 2022 Cryptocurrency Adoption Report, building on last year's research with a more targeted approach. The study surveyed 8,257 respondents across four countries representing different socioeconomic levels: the UK, US, Singapore, and Mexico. Major findings debunk common myths about crypto adoption: 81% of the general population has heard of cryptocurrency and 39% own or have owned it, demonstrating mainstream penetration. The report also challenges the stereotype that only young tech-savvy men use crypto, revealing that women and older adults are increasingly aware of and using cryptocurrency. Women show comparable interest in using crypto for international money transfers as men, and older demographics in Mexico are actively sending cryptocurrency abroad. The data suggests significant opportunities for financial inclusion through more accessible products and targeted education.

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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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