Venezuela on Pace to Lead Merchant Adoption ?

”¬†Venezuela could become ground zero in the push for widespread adoption of cryptocurrency. There are now over a thousand merchants accepting crypto payments in the South American country, according to the team behind the digital asset Dash.

While the number accounts for fewer than 1% of all retail stores in Venezuela, crypto insider Ernesto Contreras expects crypto usage at retail locations in the country to soar to 10% by the end of 2020 and estimates that $25 million worth of crypto will be involved in retail transactions every year. ”

Master Asked on January 13, 2020 in Cryptocurrency.
Add Comment