More than half of its consumers in Latin America and the Caribbean have transacted cryptocurrencies at least once, according to market research by payment giant Mastercard.
The giant company, as part of its “New Payments Index” survey With over 35,000 people speaking and responding 51% of with cryptocurrencies in the last 12 months performed at least one activity told. The company allows users in Latin America/Caribbean more than a third a daily payment stablecoin He added that he used This year March and April survey of consumers in the region 54% of revealed that he was “optimistic” about the performance of digital assets as an investment tool.
Consumers 67% On the other hand, the sector stated that they would be happy to pay with crypto assets if they are supported by traditional financial institutions. Mastercard’s survey also shows that interest in digital payments is growing rapidly in Latin America and that respondents 95% of revealed that they want to try digital payment methods next year. In addition, in the past year, the participants’ average is higher than the average of other years. 25% less It is stated that he paid in cash.
This large-scale survey is based on survey respondents in Paraguay. 79% of in the purchase of goods and services He revealed that he expects to pay using Bitcoin or other cryptocurrencies. In addition, in Paraguay, which is an industrializing activity, to bitcoin mining in recent years There is increasing interest.
In June, Mastercard’s competitor VisaIn , it made serious collaborations on Latin America and launched the first crypto money supported cards. According to the statements of the Visa official, these cards, which were activated only in Argentina and Brazil in the first stage, will be used in the coming period. Mexican, Colombia and Paraguay It is also planned to be launched in other Latin American countries such as
The country with the highest cryptocurrency usage in Latin America, with a weekly Bitcoin transaction volume of $5 billion VenezuelanIn Turkey, it is possible to pay with cryptocurrencies in many places, from grocery shopping to mobile phone operators and even kiosks. Especially after the unstoppable high inflation and exchange rate increases, the people of Venezuela turned to the use of crypto money intensively. In September of 2021, another Latin American country, El SalvadorConsidering also that Bitcoin accepts Bitcoin as its official currency, many commentators fight inflation He thinks that the countries of the region that are in the region see cryptocurrencies as a salvation.
As a result, large payment companies are aware of the intense interest shown by users in these regions to cryptocurrencies and have focused their investments on this area.