The younger generation, particularly Gen Z, has emerged as the major driver of peer-to-peer (P2P) crypto payments. 

According to a survey by crypto exchange NoOnes, Gen Z now accounts for 72% of overall P2P crypto transfers, followed closely by millennials at 24% while Gen X trails at 4%. 

From a regional perspective, Asia led in P2P usage with 74%, followed by Latin America and Africa at 62% and 54%, respectively. On the other hand, Europe and North America recorded the lowest adoption rate. 

Broader crypto and payment adoption

Unsurprisingly, the dataset mirrored the broader adoption trend Chainalysis reported last year. 

According to Chainalysis, crypto activity in the larger APAC region surged by nearly 70% in 2025,…