Global cryptocurrency holders could exceed 1bn by 2026, says Lunu chief

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The global adoption of cryptocurrency is on the verge of a significant surge, according to Pavlo Denysiuk, CEO of Lunu.

Denysiuk, who spoke at NFT Fest 2024, projected that the number of crypto holders worldwide could triple by 2026, potentially exceeding one billion users.

Highlighting the growing interest in cryptocurrencies and their potential for everyday transactions, Denysiuk said: “In the next two years, we could see the number of cryptocurrency holders double or even triple. This will drive wider adoption for payments as well.”

About 560 million people, or 6.8% of the world’s population, own cryptocurrencies, according to the 2024 Crypto Ownership report by Triple-A currently.

Accordung to him, cryptocurrencies would become a mainstream payment method, the necessary infrastructure needs to be in place.

He continued:.“When the infrastructure is ready, and you see a ‘we accept crypto’ sticker at your local store, it will become just another payment option.”

A key factor in this transition will be the use of stablecoins, which offer a stable value compared to other cryptocurrencies.

The stablecoin market is currently valued at over $163 billion, representing 7.6% of the total cryptocurrency market.