According to a new Deloitte survey, almost three-quarters of merchants intend to accept crypto or stablecoins cryptocurrencies tied one-to-one with traditional fiat currencies or a stable asset such as gold in the next two years. This goes across a wide array of industries, from fashion andcosmetics to food and electronics.
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Deloitte surveyed 2,000 customers at consumer goods and services businesses around the country, finding that almost half of merchants see cryptocurrency adoption as a way to broaden their customer base and provide better customer experiences.
"We anticipate that future partnerships with regulated and established institutions in the industry will help deliver the benefits of digital currencies (e.g., convenience and support) and will continue to strengthen the trust foundation."
However, due to the volatility and price fluctuations of cryptocurrency, not everyone has adopted crypto payment methods.