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Approximately 40% of stores in the US currently allow customers to pay with crypto, according to a PayPal survey.
Nearly 90% of sellers say they have been asked about this payment method, indicating increasing demand.
Crypto is most widely used in the travel, hotel, digital goods, and gaming industries. Major companies are leading the way, but small and medium-sized businesses are also gradually participating. Some big brands like Starbucks, Walmart, and Home Depot have accepted crypto.
In stores that accept crypto, this payment method accounts for about 26% of revenue, demonstrating that customers are willing to use it if given the option. The groups that use crypto the most are Millennials and Gen Z.#GoldBreaksAbove$5,200