CandleFocus New Research Published in the US: Does Generation Z Show Interest in Cryptocurrencies? Here are the Latest Data
2024-09-14
Author: Content Editor
A report by Bernstein analysts suggests that Generation Z's growing interest in cryptocurrencies could lead to transformative changes in the financial sector. Millennials and Generation Z are expected to change the financial landscape as they gain more financial power and prefer assets that are not controlled by banks or the government. Survey data shows that younger generations view the current banking system as expensive, slow, and outdated, with 55% of Gen Z in the US preferring to invest in crypto. Generation Z prefers managing their finances on-chain through decentralized finance apps and stablecoins. The report highlights the potential impact of AI in stablecoin payments, predicting a more efficient and accessible payment system in the future.
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