New survey finds that 36% of small & medium sized businesses in USA accept crypto payments

posted 6 months ago
A new survey found that 36% of small and medium-sized businesses in the US accept cryptocurrency payments for their products and services, and 59% said they purchased crypto for their own use. 505 small and medium-sized businesses were surveyed, and they all had less than $5 million in revenue and less than 100 employees.

It revealed that most business < 5 years old accepted crypto, and business > 20 years old were skeptical (21% accepting crypto.) Timothy Zeilman, HSB’s vice-president said that the main risk stopping businesses from accepting cryptocurrency payments is the potential risk of falling prey to hackers.
Tags: bitcoin, news