Deutsche Bank survey: Trump's policies support the US cryptocurrency adoption rate
PANews reported on July 8 that a survey conducted by Deutsche Bank in June showed that American consumers are the largest user group of cryptocurrencies, mainly men and young and wealthy people. Last month, the cryptocurrency adoption rate in the United States was 17%, higher than 11% in the UK and 10% in the European Union. Among young people aged 18-34 in the United States, the adoption rate of cryptocurrency rose from 24% in January to 29% in June, mainly due to the market's optimism about the prospects of Trump's pro-cryptocurrency policy. Among American respondents, wealthy people accounted for 32% of cryptocurrency adopters. In addition, 23% of American men said they used cryptocurrencies for payments or personal investments, while the proportion of women was 13%. Male consumers generally believe that they have a deeper understanding of cryptocurrency than women.
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Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments.The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank, Roberto Campos Neto. Speaking at the Meridian 2025 event on Wednesday, he highlighted the importance of blockchain technology in connecting digital assets with the traditional banking system. According to local media reports, Campos Neto said Nubank intends to begin testing stablecoin payments with its credit cards as part of a broader effort to link digital assets with banking services.Read more
