Crypto payments are increasingly popular in Latin America, Europe, the Middle East and Africa.

A study conducted by global employment platform Deel found that residents of Latin American countries often answered “yes” to their salary in cryptocurrency. while citizens of EMEA (Europe, Middle East and Africa) ranked second.

Deel Research estimateThat 67% of cryptocurrency payments between January 2022 and June 2022 were made in Latin America. And it is worth noting that the region is full of countries battling serious financial and social problems.

El Salvador – the first countryaccept Bitcoin is the official method of payment within the borders – one of the most serious of the region’s problems.

Crypto payments are also popular in the 24% EMEA (Europe, Middle East, and Africa) region, which is also home to many countries with financial difficulties. Including many residents lacking access to basic financial services. While crypto can offer a solution to this problem.

It’s also worth noting which assets have the most transactions, with Bitcoin (BTC) – leading at 47%, followed by Circle’s stablecoin – USDC – and Ether (ETH) following 29% and 14%, accordingly. number

Recent research conducted by Ripple specifyIt states that Latin American residents are most inclined to the digital asset sector, with 50% of participants expecting crypto to have a significant impact on the financial system in the future, while 74% are willing to transact with accepted businesses. bitcoin or altcoins

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