Americans Warm to Crypto, But Stablecoin Doubts Persist

  • Deutsche Bank reports over 50% of U.S. consumers see crypto as a key asset class, with 65% believing it could replace cash.

  • Only 18% expect stablecoins to thrive, while 42% predict they will fade, despite some being backed by fiat.

  • Bitcoin’s future remains split with 40% believing it will thrive, and 38% thinking it could disappear.

A recent Deutsche Bank report reveals that fewer than 1% of U.S. consumers now see cryptocurrency as a fleeting “fad.” Over half of respondents view crypto as a crucial asset class, and 65% think it could eventually fully replace cash. Despite this positive outlook, questions remain over Bitcoin’s future and the stability of stablecoins, with conflicting predictions for their long-term viability.

Crypto’s Growing Acceptance, Yet Stablecoin Worries Linger

The recent DB report shows a significant decrease in skepticism compared to past years. Most of those surveyed see crypto as an important asset class and payment method, with 65% predicting it could potentially replace cash. The bank’s survey, conducted in March and July, encompassed over 3,600 consumers from the U.S., U.K., and Europe.

While this rising acceptance is encour


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