3.6M Americans to use crypto to make a purchase in 2022, research firm predicts

The fig of adults successful the United States who volition usage crypto to marque purchases successful 2022 volition summation to 3.6 million, according to a probe firm.

A study published by Insider Intelligence shows that crypto's worth arsenic a means of outgo volition spell up by 70 percent this year. The steadfast predicts that by the extremity of the year, 3.6 cardinal U.S. adults volition person utilized crypto to marque purchases. 

According to the company's main expert David Morris, crypto's volatility is being alleviated by the maturation of stablecoin usage. As CBDCs are being developed, much absorption volition beryllium brought to crypto becoming a means of payment. 

"We besides expect that much crypto options volition beryllium layered into however radical pay, similar cards and integer wallets. These factors should spur precocious crypto outgo maturation rates implicit the adjacent fewer years.”

The steadfast besides predicts that by the extremity of 2022, U.S adults who are crypto users volition summation to 33.7 million. In 2023, the institution expects that fig to turn adjacent further to 37.2 million. These numbers are importantly little than erstwhile claims of crypto ownership successful the U.S. reaching 46 million successful 2021. 

Yearly summation successful crypto ownership among U.S. adults. Source: Insider Intelligence

Meanwhile, a survey conducted by Gemini speech showed that new crypto investors astir doubled successful India, Brazil and Hong Kong past year. More than fractional of the survey participants wrong these countries mentioned that they started investing successful crypto successful 2021. 

Related: Survey: More than a 4th of U.S. millennials program to usage crypto to money retirement

A canvass conducted by Arcane Research and Ernst & Young recovered that crypto ownership among Norwegian women besides doubled, going from 3% successful 2021 to 6% this year. On the different hand, the survey besides noted that antheral ownership besides accrued from 6% successful 2019 to 14% successful 2022.