Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that there are not enough businesses that accept crypto. This may change very soon.
Almost one out of four small and mid-size businesses (SMBs) that participated in a survey by Visa (NYSE:V) said that they are planning to accept payments in cryptos like Bitcoin. In the same study, 73% of respondents stated that accepting new forms of digital payment options is a key factor that will affect business growth in 2022.