Lunu CEO Pavlo Denysiuk predicts crypto holders could triple, surpassing one billion users by 2026.
The anticipated one billion user milestone is imminent, with cryptocurrency adoption poised to surpass it as early as 2026.
Based on the present rate of user growth, the number of cryptocurrency holders could triple within the next two years, according to Pavlo Denysiuk, CEO of Lunu, a crypto payments firm.
He stated the following during a panel discussion at NFT Fest 2024:
“Within two years there will be at least two times or three times more crypto holders worldwide. This is where we get more adoption everywhere and in terms of payments as well.”
The 2024 Cryptocurrency Ownership report by Triple-A estimates that there are approximately 560 million crypto holders worldwide, indicating that an average of 6.8% of the global population possesses crypto.
The adoption of crypto payments is imminent, given that nearly 7% of the global population possesses cryptocurrency.
Denysiuk asserts that the adoption of crypto payments will commence upon the provision of the requisite infrastructure by conventional companies such as Starbucks. He stated:
“[Crypto payment adoption] is not something that you need to convince someone of. Whenever the infrastructure is there, whenever you come to your Starbucks shop or somewhere else and there is a sticker saying ‘we accept crypto’…”
Denysiuk further clarified that crypto payments are not substantially different from the credit card and neobank-enabled digital payments that are already widely used in the mainstream. “It’s just another payment method,” he said.
The CEO of Berlin-based Lunu is Denysiuk, who is responsible for the development of a stablecoin-powered payments ecosystem that is designed to facilitate economic integrations.