A study by the National Cryptocurrency Association found that Americans are increasingly embracing cryptocurrency as an alternative to traditional gift cards.
Since kriptovalyuta «Credit cards continue to gain popularity, with American shoppers choosing them as holiday gifts: 17% of respondents prefer them to gift cards this holiday season, and 31% agree that they are less likely to go unused,» explained May Zaban, vice president and general manager of cryptocurrency at PayPal.
Head of the Legal Department Ripple and the President of the National Cryptocurrency Association, Stuart Alderothy, believes that this is explained by the fact that “kriptovalyuta “It’s a modern holiday gift that’s fast, safe, and increases in value over time.”
He also stressed that lack of knowledge remains a major barrier for many consumers interested in the new asset class but unaware of security practices.
Survey data shows that 24% of adults have given or are considering giving cryptocurrency as a gift this year, with nearly a third of respondents believing it would be a welcome gift.
23% intend to pay for purchases with cryptocurrency during the holidays, while almost two-thirds of cryptocurrency owners expect to use it within the next year.
Young people aged 18 to 54 are particularly enthusiastic, finding cryptocurrency an interesting and flexible tool. Despite the lingering skepticism of some respondents, cryptocurrency’s growth potential, its digital convenience, and the ease of global payments continue to be compelling arguments for adoption.
«Cryptocurrencies make sending gifts, paying merchants, and conducting cross-border transactions faster and easier than ever. At PayPal, we’re committed to making these processes simple and accessible, giving everyone the opportunity to participate in a new era of payments,» added May Zaban.