A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to make a payment.
Mastercard Report Finds Latam Is Fertile Ground for Payment Digitization
A report issued recently by Mastercard has revealed that Latam is fertile ground when it comes to adopting new payment systems. The report, titled New Payments Index 2022, found that 51% of the consumers in the area had already made a transaction involving cryptocurrency. This is because of the economic situation and roadblocks that some consumers face when trying to move funds using traditional methods.
In the same way, the report found that stablecoins were a vehicle with some penetration in the payments market in Latam. A third of the consumers in the area have...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...