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Mastercard: Awareness of Crypto is High, but Trust Needs to Be | Scalable Insights

Mastercard: Awareness of Crypto is High, but Trust Needs to Be Built

Mastercard surveyed more than 35,000 respondents. Here are some takes from the survey:

40% of global consumers interacted with crypto over the last year, with some 30% opening a crypto wallet, trading currencies (27%), or holding them as investments (29%).

Around half of global consumers agree they are interested in other uses of crypto like making payments for everyday products (51%) or buying digital assets (49%).

Payments made using crypto almost doubled in the last year.

63% of respondents feel their governments should be responsible for regulating crypto and 59% agree they would feel more comfortable knowing digital currencies were issued and backed by a reputable organization.

Respondents ranked emerging payments such as crypto as less secure than using age-old cash or simply swiping a credit card.

53% say security plays a big role in deciding which payment method they want to use.

#Research