The willingness to integrate cryptocurrencies into payments is increasing.

A new study reveals the perception that business owners and employees want to integrate cryptocurrencies into their strategies and payments. From what appears, it seems that the desire to use crypto in loans or salaries is increasing.

Crypto payments and the idea in loans and salaries for company owners and employees

The study by Clarify Capital reveals a new trend that is emerging involving crypto payments and business owners and employees.

Indeed, it seems so the understanding of crypto integration when applying for a loan or receiving one's salary yes very well positive

The main data of the survey shows that at least 1 entrepreneur out of 4 is in favor of the idea of ​​issuing crypto loans for their business. Not only that, by next year, 1 out of 10 companies looking for financing choose to request a crypto loan compared to traditional ones.

For payments of compensation in cryptoalmost 10% of business owners are already considering the idea, while 30% of the employees have shown their support.

This data comes from a study that included 800 American workers and 200 American business owners, to examine their understanding of crypto payments.

Overall, the average age of the workforce was 39 years, of which 4% were baby boomers, 23% Gen X, 59% Millennial, and 14% Gen Z. On the other hand, the average age was business owners 45 years , of which 13% were baby boomers, 37% Gen X, 43% Millennials, and 7% Gen Z.

Crypto payments: the idea of ​​loans and wages and the generation gap

Continuing the study, the data highlighted the differences in the situation of crypto payments for salaries and loans based on generational connection.

In fact, talking about the interest in it crypto loansit was said that 1/4 of the entrepreneurs declared themselves favorable. Of this 25% of the respondents, it became clear that 50% were from GenZ, the youngest entrepreneurs, born in the digital age.

For 28% and 27% was then Millennial and GenX entrepreneurs, finally followed by the Baby boomers for 15%.

Analyzing further the entrepreneurs who said they would choose a crypto loan over a traditional loan, they were also asked about the type. The answers appeared for 47% the choice would be centralized crypto loans, for peer-to-peer crypto loans 37%, and only 21% decentralized crypto loans.

On the subject of a cryptocurrency compensation for workers, the most inclined entrepreneurs revealed their motivations. The most popular reasons were that they did not want to rely on regular banks, but also to ensure more privacy and security for the employees.

speaking instead of workers, 30% said they wanted to receive their salary in crypto 39% of GenZ, 32% Millennials, 23% GenX, and 15% Baby Boomer. The survey also surveyed employees on what crypto they want to be paid with. The answers appear 72% Bitcoin (BTC), 43% Ethereum (ETH), 28% USD Coin (USDC), 17% Litecoin (LTC), and 15% Dogecoin (DOGE).

The adoption of cryptocurrencies is growing in the construction sector

Recently, another study identified the expect crypto payments in the construction sectorshowing that adoption is increasing.

Indeed, it seems so 1 out of 5 contractors have already received crypto payments for their work and 65% have been open to this possibility.

In fact, 5% contractors preferred crypto payments so much that they told them would give a 10% discount to customers who are willing to pay​​​​​​with cryptocurrencies.

Here the generation gap is different. In fact, when asked about the opinion that crypto payments have a positive effect on the construction sector, it is the Baby Boomer age group that agrees the most, with 33% positive responses, compared to only 15% of Millennials and Gen Z.