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5 stats that show what consumers think about crypto payments


Crypto adoption amongst consumers is undoubtedly growing, but do they believe crypto can challenge the dollar, euro or yen and become a mainstream payments currency? 

Statistics from our Demystifying Crypto report shed light on the question.

  1. $2.5 billion worth of crypto payments were made through Visa’s crypto-backed card in the first fiscal quarter of 2022 alone.
  2. 39% of consumers believe cryptocurrencies should be used for payments, not just investment. 
  3. 40% aged between 18 and 35 say they plan to pay using crypto in 2022. As many as 10% say they will regularly. 
  4. Men aged 18-35 are particularly bullish, with 24% saying they plan to pay with crypto regularly in the next 12 months. 
  5. But many consumers still approach crypto with caution. 50% think all forms of crypto are risky. And 35% believe this risk will prevent crypto from becoming mainstream payment currencies. 

On the path to mainstream adoption

Crypto isn't a mainstream payment method yet. But it might be soon. These stats show that consumer sentiment around crypto is changing, and it's on the path to mainstream adoption.

Learn more about the future of crypto in commerce and the positives and negatives those businesses offering crypto as payment have seen in our new report.

About the Author

Jess Houlgrave is Head of Crypto Strategy at Jess is focused on’s go-to-market strategy. She is responsible for scaling the company’s crypto offering, enabling to power the world’s largest exchanges, fan token platforms and wallets. Jess also sits on the Bank of England Engagement Forum for CBDC, the UK Fintech Strategy Group and the DIT / Innovate Finance International Fintech Advisory Group.

Profile Photo of Jess Houlgrave