MEXC just dropped some pretty eye-opening numbers about how people around the world are using cryptocurrency. Their latest survey shows that almost half of crypto users-46% to be exact-are now buying digital assets specifically to protect themselves from inflation. That’s a huge jump from just 29% earlier this year.
The most dramatic shift happened in East Asia, where the percentage of people using crypto as an inflation hedge shot up from 23% to 52%. The Middle East saw similar changes, going from 27% to 45%. These aren’t small moves-they suggest that people in these regions are genuinely worried about their local currencies losing value.
What’s really interesting is how different parts of the world are approaching crypto in their own ways. Latin America has become the meme coin capital, with 34% of users there holding these types of tokens. Meanwhile, 63% of new users in that region are getting into crypto specifically for passive income opportunities.
South Asia tells a completely different story. Over there, it’s all about active trading, with 52% of users doing spot trading. More than half of the people there say they got into crypto because they want financial independence, which makes sense given the limited traditional investment options in many of those countries.
The survey also found that most people are sticking to established tokens, with public chain cryptocurrencies making up over 65% of portfolios globally.
Conclusion
MEXC’s survey shows crypto’s growing global role as people hedge against inflation in Asia and the Middle East, embrace meme coins in Latin America, and focus on active trading in South Asia, reshaping financial strategies worldwide.
Also Read: Best Crypto to Buy
