Cryptocurrencies conquer the world!
The adoption of cryptocurrencies is booming globally, driven by various factors such as inflation, the search for investment alternatives and financial inclusion.
How fast is this revolution moving?
+580 million people around the world already use cryptocurrencies, 34% more than in 2022.
India, Vietnam and Thailand lead adoption, while the United States is positioned as the third country with the highest use. đșđžđ»đłđčđ
Low- and middle-income economies (LMI) show great interest in cryptocurrencies as a tool to combat inflation and lack of access to traditional financial services.
What drives this phenomenon?
High levels of inflation: In many countries, cryptocurrencies offer a more stable alternative to traditional currencies.
Distrust in local currencies: Decentralized cryptocurrencies are not subject to government manipulation, making them attractive in countries with unstable economies.
Lack of financial inclusion: Cryptocurrencies can provide access to financial services to people who do not have traditional bank accounts.
What does the future hold?
Cryptocurrency adoption is expected to continue growing as more people discover its benefits.
Governments and financial institutions are working to regulate and better understand this new financial landscape. ïž
Cryptocurrencies could have a significant impact on the global financial system in the coming years.