{"id":22147,"date":"2022-08-10T16:39:35","date_gmt":"2022-08-10T11:09:35","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=22147"},"modified":"2022-09-19T18:47:40","modified_gmt":"2022-09-19T13:17:40","slug":"deloitte-sees-mainstream-crypto-adoption-growing-in-the-next-two-years","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/crypto\/deloitte-sees-mainstream-crypto-adoption-growing-in-the-next-two-years\/","title":{"rendered":"Mainstream crypto adoption seen to grow in the next two years"},"content":{"rendered":"

Bringing cheer amid the bearish sentiment prevailing in the market, a new survey conducted by Deloitte<\/a> in the US found that crypto adoption will continue to grow in the next two years.<\/p>\n

About 75% of US retailers have plans to accept crypto and stablecoins as a mode of payment in the next two years. And, about 87% of the retailers in the survey feel that firms accepting cryptos as payment have a competitive advantage.<\/p>\n

In fact, the survey also found that 93% of the retailers who accept cryptos as payment have seen a positive impact on their business in terms of customer perception, customer base growth, and improved customer experience.<\/p>\n

According to the data from crypto.com, the global crypto adoption rate is increasing steadily and is expected to reach 1 billion users worldwide by the end of 2022 from just over 300 million users at the beginning of 2021.<\/p>\n

Retailers gear up to enable payments in crypto<\/h3>\n

According to Deloitte, large retailers with more than $500 million in revenue have earmarked over $1 million to build the infrastructure required to enable digital currencies as a payment option. However, retailers have also acknowledged that there are challenges in integrating cryptos as a payment option into their existing financial infrastructure.<\/p>\n

For instance, 45% of the respondents feel that integrating cryptos as a payment option into their existing financial infrastructure is a challenge, whereas, 44% of respondents feel that complexities around integrating various digital currencies pose another challenge.<\/p>\n

The survey also confirms the trend as it is expected that global crypto transaction volume will increase by 70% by the end of this year to $10.4 billion, according to the report from Insider Intelligence. The report also suggests that 10% of Americans are expected to own crypto by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bringing cheer amid the bearish sentiment prevailing in the market, a new survey conducted by Deloitte in the US found that crypto adoption will continue to grow in the next two years. About 75% of US retailers have plans to accept crypto and stablecoins as a mode of payment in the next two years. And, […]<\/p>\n","protected":false},"author":67,"featured_media":22173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[460,6530],"tags":[6467,6536],"class_list":["post-22147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-news-2","tag-crypto","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-07-22T13:28:55+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Praniket Nayka\",\"description\":\"\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/praniket\/\",\"sameAs\":[],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4b22173b861c31fe922bbaf46c336561?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"Beginner","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Article Default Disclaimer"},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=22147"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22147\/revisions"}],"predecessor-version":[{"id":22186,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/22147\/revisions\/22186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/22173"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=22147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=22147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=22147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}