MILLION

UK ADULTS CURRENTLY OWN CRYPTOCURRENCY

KEY TAKEAWAYS

Stablecoins processed US $ 45tn in transaction volume over the past 12 months globally.

Approximately 12 million UK adults currently own cryptocurrency, says Keith Grose.

Coinbase’ s AI chatbot now handles more than 60 % of customer support queries.

Around 20 % of S & P 500 companies hold some form of cryptocurrency currently.

Generation Z investors are twice as likely to buy crypto over equities.

UK’ s new crypto regulation framework should be finalised by end of 2025. benefits to retail consumers. Keith wants to introduce familiar lending and borrowing products, but powered by blockchain technology.

Decentralised exchange functionality would enable consumers to trade directly from their wallets while maintaining the user experience of traditional platforms. Expanding the cryptocurrency-backed card programme represents another priority. The goal is to make cards and stablecoins work interchangeably in the UK, replicating success in other markets.

Keith acknowledges Coinbase won’ t drive this growth alone. Traditional banks and neobanks will increasingly offer cryptocurrency services, expanding overall market access.

Competition ultimately benefits consumers through improved products and wider availability. The convergence between financial technology and cryptocurrency appears inevitable. Keith believes these sectors, once distinct, are rapidly becoming one unified industry.

Events traditionally focused on fintech now regularly feature cryptocurrency discussions.

“ The world of fintech and the world of crypto are going to coincide,” Keith concludes.“ If you think about technology and finance, stablecoins and cryptocurrency are going to become a huge part of that.” fintechmagazine. com 39