Bing Ventures and Alchemy Pay have released a market research report on the crypto payment industry, which found that the penetration rate of cryptocurrencies in the real economy is still less than 1%, and the biggest obstacle is the strong network effect generated by the existing user base of traditional payments. However, based on estimates of global payment industry growth and sensitivity analysis of the size of the real-life crypto payment market, the report predicts that the size of the crypto payment market is expected to reach US$316 billion to US$362 billion by 2026. In addition, compliance and merchant networks are expected to become the most important dual factors in determining the future success of crypto payment companies.