Crypto Adoption to hit 8% by 2025

Crypto use and adoption is all the rage. A recent report by MatrixPort indicates that by 2025 8% of the world's total population will be using digital currencies.

The report also shows that 7.51% of the world's population currently uses cryptocurrency. This is mainly due to the influence of institutions looking to get involved in the crypto sphere and uncertainty around the economy.

Bitcoin as a Safe Haven

Economic uncertainty worldwide and the decentralized nature of Bitcoin have made it a safe haven for investors seeking to hedge and diversify their portfolios against more traditional markets.

Diversification of assets is great practice for any investor, but with recent events, many investors are looking for a decentralized option that mitigates the risk associated with economic downturns. Since Bitcoin plays a large and central role in overall adoption, economic challenges such as devaluation have historically increased demand for BTC. When the economy is on a downtrend, Bitcoin is a gigantic hedge.

Most Impact on Global Crypto Adoption

The MatrixPort research shows that one of the highest factors for the rise in crypto adoption is institutional investor interest. Institutional investors have slowly been investing in Bitcoin and other cryptocurrencies and this ultimately leads to higher trust in crypto.

Another big contributing factor is the ease of crypto regulations globally. While in some countries there are higher regulatory actions, in various countries regulations have loosened up for crypto trading and usage. This loosening up leads to easier access and acceptance of crypto overall reducing the barrier of entry and making it easier for companies and individuals to start having higher confidence in digital assets.

Initiatives for Adoptation

MatrixPort is strategically supporting adoption with some strategic initiatives. Security being at the top of the list. While crypto transactions are extremely secure, MatrixPort is invested in bringing advanced security protocols to prevent unwanted access to user assets. This will heighten and help overall adoption since this is one of the most important things to cover for retail use.

Not only are they committed to security, but education is another big part of the strategy. Just like other financial products, cryptocurrencies have benefits and risks. Through educational programs and resources, MatrixPort aims to increase understanding of the subject and encourage investors to take measured risks by providing tools and education for better understanding and risk management.

Aiming for retail and institutional investment, MatrixPort wants to expand its current financial products related to cryptocurrency. This aims to provide even more diversification and investment opportunities while improving the overall reach and access of digital assets like Bitcoin.

What's to Come in the Future?

As institutional interest grows and the world we live in, filled with uncertainties, pushes more towards alternative investment routes like crypto, making the path to mainstream adoption clearer. While Security and regulatory frameworks are still crucial challenges cryptocurrencies must overcome, collaboration between industry leaders and services like Bitwage will be key to overcoming these challenges and truly showing the world what cryptocurrency has to offer. Bitwage simplifies the payroll process for companies across the globe. By leveraging such solutions, companies can stay ahead of adoption trends, helping to build a more resilient, inclusive financial ecosystem powered by blockchain.

Interested in becoming a leader in the space and giving your employees the choice to receive part of their salary in crypto? ⬇️