Cryptocurrency Usage Among Americans Expected to Recover to 10% by 2025, According to FRB Survey

Increase in Americans with Experience Using or Investing in Cryptocurrencies

In May, the Federal Reserve Board (FRB) released its '2025 Survey of Household Economics and Decision-making (SHED)'. According to the report, by 2025, the proportion of American adults who have used or invested in cryptocurrencies for any purpose is expected to reach about 10%, the highest level in three years since 2022.

The survey indicated that the majority of usage was for investment and asset holding, while the use of cryptocurrencies for payments and remittances remains limited. The use of cryptocurrencies for purchasing goods...