Growing mainstream adoption of cryptocurrency with 1 in 5 Americans owning digital assets

From Yahoo Finance: 2025-04-04 14:30:00

A recent report from the National Cryptocurrency Association reveals that 1 in 5 Americans owns cryptocurrency, with 40% using it for transactions. The survey, conducted with The Harris Poll, gathered insights from 54,000 respondents and highlights the growing mainstream adoption of digital assets.

The data indicates that a significant number of American crypto holders reside in the South, with diverse occupational backgrounds. Despite the low entry barrier, crypto scams have led to over $5.6 billion in losses in 2023, a figure expected to double in 2024. The findings underscore the risks associated with the industry.

As crypto gains popularity, the NCA is advocating for broader adoption. The organization’s efforts coincide with the increasing integration of digital assets into everyday life. The survey results provide valuable insights into the evolving landscape of cryptocurrency ownership and usage.

Read more: Crypto is more popular with workers in construction than finance, says new Harris Poll