A recent study by Cryptoninjas shows that Generation Z leads in stablecoin usage, with 46% transacting monthly, compared to 30% of Millennials and 29% of Generation X.
Current Adoption and Generational Divide
Based on a new study by Cryptoninjas, about 53% of survey participants said they have already used stablecoins, while 39% were aware of them but had never used them. The findings indicate that Generation Z is far ahead of other groups, with nearly half (46%) transacting in stablecoins every month. For comparison, only 30% of Millennial and 29% of Generation X stablecoin users conduct monthly transactions with the digital assets.
The primary motivation for holding stablecoins, cited by more than 30% of respondents, is that crypto yields are better than bank savings. The next most significant motivations are hedging against inflation (over 20%) and faster cross-border transfers (over 15%). “On-ramp” into other cryptocurrencies is also a notable motivation, followed by smaller percentages for online shopping and other unspecified use cases.
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