US Crypto Usage Grew 50% This Year, Report Claims

Andrew Cuomo Crypto Mayor. Photo by BeInCrypto
Andrew Cuomo Crypto Mayor. Photo by BeInCrypto

A new report claims that US retail investors are showing increasing favorability to crypto, with adoption growing by 50% this year. Although it’s the largest market, India had even higher rates of grassroots usage.

Stablecoins are also growing to unprecedented levels, allowing users convenient on- and off-ramps between TradFi and Web3. Retail hype for digital assets is growing, even though institutions are becoming influential.

TRM Labs, a crypto analysis firm that investigates crime and has issued massive reports on illicit Web3 activity, just turned its gaze to less lurid topics. Specifically, the company compiled a report on crypto and stablecoin adoption around the…

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