Summary
- 95% of South American investors stated they plan to increase their cryptocurrency holdings this year.
- Cryptocurrency adoption is accelerating in South America with adoption rates increasing by 116%.
- South American cryptocurrency users currently number approximately 55 million, representing 10% of global users.
Cryptocurrency appears to be gaining attention as a new asset class in South America. A survey shows that the majority of South American investors plan to increase their cryptocurrency holdings in 2025.
On the 24th, CoinDesk reported, citing a Binance Research survey, that 95% of cryptocurrency investors in South American countries including Argentina, Brazil, and Colombia plan to increase their cryptocurrency holdings this year. 40.1% of investors indicated plans to purchase cryptocurrencies within the next 3 months, while 15.3% said within 6 months, and 39.7% within 12 months.
This pro-cryptocurrency sentiment among South American investors is believed to be influenced by the accelerating adoption of cryptocurrencies in South America. In fact, South America has increased its cryptocurrency adoption rate by 116% in 2024. Currently, South American cryptocurrency users number approximately 55 million, accounting for 10% of global users.
Regarding this, Guilherme Nazar, Binance's Vice President for Latin America, explained, "Latin America is a rapidly growing region in the cryptocurrency sector, and these survey results reinforce what we have observed in our operations."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
