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Belief that Global Digital Currency Would Spur Growth, Per Study

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Belief that Global Digital Currency Would Spur Growth, Per Study

Blockchain Beach obtained a study from Meter, a stable cryptocurrency backed by the global competitive price of electricity. Meter recently conducted a study of 1,000 U.S. consumers who were familiar with cryptocurrency to learn about opinions and concerns around the technology.

Key figures include:

  • Respondents are mostly for one global currency

  • Majority believe that a global currency would reduce political risk and increase trade

  • Almost all of the respondents would use a stable digital currency
    • 86% make less than half of their purchases using cash
    • 72% would prefer to use a stable cryptocurrency that could not be manipulated by governments or banks

  • But volatility is still an issue in this space

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