Only 4% of Americans trust crypto exchanges.

Only 4% of Americans expressed full or high trust in cryptocurrency exchanges, according to a study by Ipsos commissioned by the DeFi Education Fund.

In comparison, 48% of respondents trust credit unions, 42% trust major national banks, and 41% trust regional and local banks.

Cryptocurrencies have yet to convert familiarity into consistent usage. The percentage of Americans who have ever owned or transacted with digital assets rose from 18% in…