51% of Latin American Consumers Conducted Crypto Transactions

27 Jun 2022

According to a survey conducted by MasterCard in March and April this year, 51% of Latin American consumers have conducted at least one transaction with crypto assets, and over 33% of them have used stablecoins for everyday purchases.

The survey further revealed that 54% of Latino consumers are optimistic about the performance of digital assets as an investment. Meanwhile, two-thirds of Latinos want a hybrid payment option that includes both crypto and traditional payment methods for their day-to-day operations.

Walter Pimenta, executive vice president, Products and Engineering, Mastercard Latin America and the Caribbean, said:

More and more Latin Americans are showing interest in cryptocurrencies and want solutions that facilitate access to the crypto world. At Mastercard, we are designing these solutions to expand digital inclusion and strengthening alliances that guarantee operability and support