Recent projections from Lunu CEO Pavlo Denysiuk suggest that the number of crypto holders worldwide could triple over the next two years, potentially pushing global adoption beyond 1 billion users by 2026.
Speaking at NFT Fest 2024, Denysiuk said: “Within two years, there will be at least two or three times as many cryptocurrency holders in the world. This will also lead to wider adoption for payments.
According to 2024 Cryptocurrency Ownership Report According to Triple-A, approximately 560 million people currently own cryptocurrencies, or approximately 6.8% of the world’s population.
Denysiuk believes that for cryptocurrencies to be widely accepted for payments, the right infrastructure must be in place.
“It’s not something you have to convince anyone of. Any time the infrastructure is there, any time you come to your Starbucks store or wherever and there’s a sticker that says “we accept crypto,” it’s just another payment method. He explained,
Additionally, stablecoins are expected to play a major role in facilitating this transition. The stablecoin market is currently valued at over $163 billion, or 7.6% of the total cryptocurrency market.
Read also: Bitcoin can strengthen the strength of the US dollar: Senator Lummis