Fed Survey: 12% of US Adults Held Crypto in 2021

3 years ago

CoinDesk - Unknown

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

Twelve percent of adults held cryptocurrency successful 2021, according to a Federal Reserve survey measuring the economical wellness of U.S consumers.

Released Monday, the yearly survey of 11,000 radical for the archetypal clip this twelvemonth included questions connected crypto ownership and adoption. It's the latest motion of the U.S. cardinal bank’s increasing involvement successful knowing however the booming crypto system is (and isn’t) mixing into the picture.

The information collected indicated that American consumers person small involvement successful crypto arsenic a currency. They’re by and ample investors, not transactors, and lone 3% of respondents said they’d either paid successful oregon sent crypto successful the erstwhile year. By contrast, 11% had held crypto arsenic an investment.

Those users “were disproportionately high-income,” the study said: 46% of pure-play investors made $100,000 oregon more. Almost each of them had a slope account.

Of the 3% who really utilized crypto for payments oregon transfers, 13% did not person a slope account.

The Festival for the Decentralized World

Thursday - Sunday, June 9-12, 2022

Austin, Texas

Save a Seat Now

DISCLOSURE

Please enactment that our

privacy policy,

terms of use,

cookies, and

do not merchantability my idiosyncratic information

has been updated.

The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a

strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of

Digital Currency Group, which invests in

cryptocurrencies

and blockchain

startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of

stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.

CoinDesk - Unknown

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

CoinDesk - Unknown

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.


Sign up for Money Reimagined, our play newsletter exploring the translation of worth successful the integer age.

By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.

View source