Americas Market Intelligence (AMI) published a report on the study regarding the state of cryptocurrencies in Latin America, which revealed a significant increase in the cryptographic system and identified that 18 % of the population shows interest in buying cryptocurrencies.

In the AMI study, it states that the adoption of cryptos will continue to grow at a good pace during 2022, in a territory where there are great advantages to develop the “world of cross-border payments and crypto credit cards.”

On the other hand, the report also highlights that 8 % of the people interviewed confirmed that they have digital currencies, while in Argentina the figure rises to 12 % as a result of the inflationary process that the country has been going through for 2 years.

The market intelligence specialist company for Latin America admits that cryptocurrencies will continue to experience a volatile characteristic “and this could discourage some and could attract others”. However, 54 % of the “crypto-curious” interviewed for the study consider “savings protection as a key benefit of cryptocurrencies.”

Launch of crypto cards

The study also revealed that most cases of crypto adoption will come from private investors who will be waiting to “take advantage of the current low prices of crypto assets with the confidence that they will shoot ‘to the moon’ in the not too distant future.”

The company executing the investigation stated that “exchanges, in order not to lose relevance and remain at the center of the ecosystem, will launch card programs that will offer their clients’ money returns in BTC” and those investments will focus on Bitcoin and Ether.

According to the investigation, 2022 will be the year of the launch of crypto cards, forcing exchanges to develop programs and campaigns on these financial instruments to stay competitive in the market.

M. Rodríguez

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Source: cripto247.com

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