Over 50% of crypto holders in Singapore now use it for payments: Triple-A
More than half of Singapore holders are using digital assets for payments as crypto ownership climbs to 26%, survey reveals.
More people in Singapore are owning and using cryptocurrency, especially for payments, The Straits Times reports, citing a new survey by crypto payment firm Triple-A. The data shows that crypto ownership rose to 26% in 2024, up from 24.4% in 2023.
Among these holders, around 52% said they have used crypto to pay for goods and services, while 67% said they plan to use it more often in future.
Younger crypto owners, such as Gen Zs and millennials aged 16 to 44, lead in adoption as about 40% of them hold crypto. Within this group, over 41% use it for online shopping, while nearly 36% for bill…
