Crypto Wallet Market to Surpass 61.87 Billion by 2030 Drives Due to Growing Preference for Digital Currency

Crypto Wallet Market to Surpass 61.87 Billion by 2030 Drives Due to Growing Preference for Digital Currency

SkyQuest projects that the crypto wallet market will attain a USD 61.87 billion value by 2030, with a CAGR of 24.8% over the forecast period (2023-2030). Several key factors are propelling the crypto wallet market. One of the primary drivers is the growing preference for digital currency as an alternative to traditional fiat currencies. As more individuals and businesses embrace cryptocurrencies, the demand for crypto wallets to securely store digital assets continues to rise.
Westford, USA, June 27, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the increasing use of Bitcoin and merchants’ growing acceptance of crypto payments are critical differentiators in the competitive digital payment landscape. Crypto wallets are gaining widespread recognition and familiarity among customers as more businesses adopt cryptocurrencies as payment. Integrating crypto wallets into various industries is expected to bring significant changes, as they offer advantages over traditional payment methods

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