PayPal Holiday Crypto Report: Nearly a Quarter of American Adults Consider Gifting Cryptocurrency for the Holidays
Foresight News reported that, according to the "NCA PayPal Holiday Cryptocurrency Report" jointly released by the National Cryptocurrency Association (NCA) and PayPal, 17% of consumers said they are more inclined to choose cryptocurrency over gift cards for holiday gifts this year, and another 31% of consumers believe that cryptocurrency is less likely to be left unused. The survey, which targeted more than 2,000 adults aged 18 and above, also found that nearly a quarter of American adults (24%) have already given or are considering giving cryptocurrency as a gift this holiday season. Among cryptocurrency holders, the enthusiasm for gifting cryptocurrency is even higher: nearly two-thirds (65%) have already given, plan to give, or are considering giving cryptocurrency this year, while half (50%) have already received or expect to receive cryptocurrency as a gift.
23% of consumers said they might use cryptocurrency for shopping during this holiday season, and nearly one-fifth (19%) of consumers plan to use cryptocurrency for shopping in the coming year. Among cryptocurrency holders, this proportion is as high as 62%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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