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.
Bitcoinâs 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 âfad.â 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 Bitcoinâs future and the stability of stablecoins, with conflicting predictions for their long-term viability.
Cryptoâs 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 bankâs survey, conducted in March and July, encompassed over 3,600 consumers from the U.S., U.K., and Europe.
While this rising acceptance is encourâŠ
The post Americans Warm to Crypto, But Stablecoin Doubts Persist appeared first on Coin Edition.