- According to the US Federal Reserve’s 2025 report, cryptocurrency use by US citizens has risen to 2022 highs.
- People increasingly invested in digital currencies, and their use in payments also grew.
According to According toAccording to a report released by the US Federal Reserve, cryptocurrency use among Americans in 2025 will reach its highest level since 2022.
According to the document, approximately 1 in 10 US adults used cryptocurrency in some form during the year, indicating a recovery in adoption rates after a lull in 2023 and 2024. While investment activities remained the primary use case, the results also showed continued growth in cryptocurrency-related payments and transfers, particularly among unbanked consumers.
The Federal Reserve’s annual Household Economic Well-Being report found that 10% of adults used cryptocurrency for investments, payments, or money transfers in 2025. This figure is up from previous years but remains below the peak of 12% recorded in 2021.
Cryptocurrency Usage: Data from the US Federal Reserve’s Report
Around 9% of respondents said they use cryptocurrency as an investment asset. Of these, 2% use it to make purchases and payments, and another 1% use it to make transfers to family members.
The Federal Reserve report noted an increased number of cryptocurrency transactions among unbanked Americans. About 6% of unbanked adults reported using cryptocurrency for transactions, compared to 2% of banked adults. Federal Reserve data showed that approximately 6% of Americans will be unbanked by 2025.
The Main Reasons for Using Cryptocurrency for Transactions: Data from the US Federal Reserve Report
Among consumers using cryptocurrency for payments, more than a quarter said businesses prefer to receive payments in cryptocurrency. Transaction speed, privacy, and low fees were the main reasons businesses prefer cryptocurrency payments.
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