Transcription of The Crypto Phenomenon: Consumer Attitudes & Usage
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The Crypto Phenomenon: Consumer Attitudes & Usage Contents 03 Disclaimer 04 About Visa 04 About LRW, A Material Company 05 Background of this White Paper 06 Methodology 07 What is Cryptocurrency? 08 Key Takeaways from the Research 10 Understanding the Current Market 18 The Role of Financial Institutions in Cryptocurrency 21 The Future of Crypto 25 Visa The Trusted Engine of Commerce 28 Conclusion 29 Glossary of Terms 30 Segment Definitions All brand names and logos are the property of their respective owners, are used for 2021 Visa. All rights reserved. 2. identification purposes only, and do not imply product endorsement or affiliation with Visa. Visa confidential. Disclaimer Case studies, comparisons, statistics, research and recommendations are provided AS IS and intended for informational purposes only and should not be relied upon for operational, marketing, legal, technical, tax, financial or other advice.
Stablecoins are backed by a reserve asset (e.g., fiat currency held at commercial banks). Central Bank Digital Currencies (CBDCs) are emerging digital versions of cash issued by a country’s central bank. In many cases, digital currencies are issued by and exist on a public database maintained by what is commonly referred to as a blockchain.
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