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06 Oct 2024
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According to a study, there are more than 320,000,000 cryptocurrency users worldwide. This is the nation leading the charge

According to a recent survey by a company that specialises in digital asset payments, there are hundreds of millions of bitcoin users worldwide.

According to the company’s analysis, there were more than 320 million users of digital assets globally as of this year, with an average global crypto ownership percentage of 4.2%.

According to Singapore-based TripleA, the company gathered information for their analysis from more than a dozen studies and surveys in order to “get the most comprehensive and accurate set of statistics.”

With 46 million users, the US is leading the world in the adoption of cryptocurrencies. Pakistan and India follow with 27 and 26 million users, respectively.

The analysis finds that the increase in cryptocurrency users since 2014 seems to be following the pattern of internet adoption in the 1990s.

According to the survey, Asia is leading the way with 130 million cryptocurrency users. With 53 million cryptocurrency users, Africa comes in second, followed by North America with 51 million users.

According to the analysis, the value of Bitcoin (BTC), the most valuable cryptocurrency by market cap, increased by an astounding 540,000% between 2012 and 2021.

In 2021, Bitcoin’s annual growth rate hit 60%, and from 2019 to 2025, a compound annual growth rate of 56.4% is expected for the cryptocurrency sector.

Looking at the impact of crypto across various industry, the study highlights that 85% of businesses based in the US say enabling digital asset payments is a high priority. In addition, businesses that accept crypto payments witnessed a 327% increase in return on investment on average and a surge of up to 40% of new customers.

News Summary:

According to a study, there are more than 320,000,000 cryptocurrency users worldwide. This is the nation leading the charge

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