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Cryptocurrency Adoption Could Triple by 2026, Says Lunu Founder
Recent projections from Lunu CEO Pavlo Denysiuk suggest that the number of cryptocurrency holders worldwide could triple in the next two years, potentially pushing global adoption past the one billion user mark by 2026.
Speaking at NFT Fest 2024, Denysiuk said: “Within two years, there will be at least two to three times more cryptocurrency holders worldwide. This will also lead to broader adoption for payments.”
According to 2024 Cryptocurrency Ownership Report According to Triple A, approximately 560 million people currently own cryptocurrencies, or about 6.8% of the world’s population.
Denysiuk believes that for cryptocurrencies to be widely accepted as a means of payment, the right infrastructure is needed.
“It’s not something you have to convince anyone of. Whenever the infrastructure is there, whenever you come into your Starbucks store or somewhere and there’s a sticker that says ‘we accept cryptocurrency,’ it’s just another payment method.” He explained,
Furthermore, stablecoins are expected to play a major role in facilitating this transition. The stablecoin market is currently valued at over $163 billion, representing 7.6% of the total cryptocurrency market.
Total market capitalization of stablecoins | Image source: CoinMarketCap
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