Mastercard: More than 50% of consumers in Latin America have experience with cryptocurrency
More than a third of Mastercard respondents said they had made purchases with a stablecoin.
The company's research shows that financial innovations - cryptocurrencies, DeFi solutions, blockchain, NFT - register significant activity in the region, and consumers are eager to learn more about the ecosystem.
"Latinos are increasingly turning to technology to conduct their financial transactions, and this trend is expected to continue to grow: the vast majority of 95% plan to use a digital payment method next year, and 29% admit that they used less cash next year. Last year," said Walter Pimenta, executive vice president of products and engineering at Mastercard in Latin America and the Caribbean.
In Latin America, 54% of consumers surveyed are optimistic about the effectiveness of digital assets as investments, and two-thirds want more flexibility for the interchangeable use of cryptocurrencies and traditional payment methods.
The majority of consumers in the region, 82% of those surveyed, said they would like cryptocurrency-related functions to be available directly in their current financial institution.
The survey also showed that consumers would feel more confident investing (69%) and making/receiving payments (67%) in cryptocurrencies if they were issued or secured by a reliable organization
https://coin-signal.com/cryptonews/mastercard-more-than-50-of-consumers-in-latin-america-have-experience-with-cryptocurrency/
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