SDF and Wirex surveyed 3,834 cryptocurrency users to understand cross-border payment needs. Key findings: users want transaction fees below 1%, 86% feel safe using crypto, but 75% are unaware of stablecoins despite mainstream crypto adoption.
The Stellar Development Foundation partnered with Wirex to survey 3,834 cryptocurrency users about cross-border payments and digital asset adoption. The report, 'The Future of Money: Cryptocurrency Adoption in 2021,' reveals that respondents consider transaction fees above 1% too high, with most paying $101-$500 per international transfer. While 86% of respondents feel safe using cryptocurrency and 40 million people globally use crypto, a critical gap exists: 75% have never heard of stablecoins, indicating a need for education on how stablecoins can enable practical digital payments. The survey also identified demographic differences in crypto adoption confidence, highlighting opportunities for businesses to serve underserved markets.
