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Credit Cards Bring Crypto Into Everyday Life

Crypto News

Cryptocurrencies grab headlines, but they aren’t a mainstream asset for consumers. The credit card industry might change that, and in more ways than one.

Nearly 1 in 10 (8%) U.S. adult consumers had an average $4,017 in crypto in their investment portfolios as of mid-August, a recent PYMNTS Intelligence report shows. Almost half these individuals are in higher-income households earning more than $100,000 a year. Millennials dominate, at 58% of all holders. Gen Z accounts for 18%, Gen X for 17% and baby boomers 7.7%. Three-quarters of crypto owners are men, while 25% are women.

Crypto isn’t yet widely held, but credit cards are, of course. More than 8 in 10 (81%) adult Americans had at least one credit card as of end-2024, Federal…

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