tl;dr
A new report predicts an 82% surge in digital asset payments by 2026 in the United States, driven by friendlier regulations and increased user confidence. Mastercard has also revealed that it tokenized 30% of its transactions in 2024, signaling the impact of tokenization on the payments industry. Th...
Digital asset payments are projected to surge 82% by 2026 in the United States, driven by friendlier regulations and increased user confidence. Mastercard has revealed that it tokenized 30% of its transactions in 2024, embracing blockchain and digital assets.
A new report by U.S.-based market research firm eMarketer predicts that over seven million Americans will be making digital asset payments in two years, with an estimated 36.6 million Americans owning digital assets by 2026.
Bank of America and Swiss firm Klarna are also exploring digital asset offerings, reflecting a growing interest in digital asset payments.
The surge in digital asset prices in recent years has led to the growth of almost every digital asset use case, including payments. The report suggests that digital asset payments will be a notable increase from the current figures, driven by friendlier regulations and increased user confidence.
Mastercard's tokenization of 30% of its transactions in 2024 demonstrates the impact of tokenization on the payments industry. The company is also developing solutions to unlock new blockchain-based business models, allowing users to purchase digital assets directly via its cards.
This shift towards digital asset payments is driven by the increasing prominence and capability of digital currencies to disrupt traditional financial markets.