Close Menu
    Facebook X (Twitter) Instagram
    Facebook Instagram YouTube
    Crypto Go Lore News
    Subscribe
    Wednesday, August 26
    • Home
    • Market Analysis
    • Latest
      • Bitcoin News
      • Ethereum News
      • Altcoin News
      • Blockchain News
      • NFT News
      • Market Analysis
      • Mining News
      • Technology
      • Videos
    • Trending Cryptos
    • AI News
    • Market Cap List
    • Mining
    • Trading
    • Contact
    Crypto Go Lore News
    Home»Market Analysis»Low trust in banks drives Americans toward crypto and DeFi adoption
    Market Analysis

    Low trust in banks drives Americans toward crypto and DeFi adoption

    CryptoExpertBy CryptoExpertSeptember 18, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Low trust in banks drives Americans toward crypto and DeFi adoption
    Share
    Facebook Twitter Pinterest Email Copy Link
    Coinmama


    Nearly 18% of Americans have used or owned cryptocurrency.
    84% would use DeFi for online shopping, 78% for bills, 77% for saving.
    54% want full control over personal and financial data.

    A new study by the Defi Education Fund, carried out with Ipsos, reveals a strong appetite for alternative financial systems in the United States.

    The survey shows that frustration with traditional banks is widespread, and many Americans want greater control over their money. At the same time, interest in decentralised finance is steadily rising.

    Betfury

    Nearly one in five Americans has owned or used cryptocurrency, while a larger group is keen to explore DeFi as a way to manage transactions without relying on intermediaries.

    The findings highlight the scale of financial dissatisfaction and the shift towards digital finance.

    Growing demand for DeFi access

    The study indicates that 42% of Americans would try DeFi if regulations made access easier.

    Of those, 84% would use DeFi for online shopping, 78% for paying bills, and 77% for saving money.

    Despite this, only 12% of respondents described themselves as very or extremely interested in learning about DeFi, showing a gap between potential use and deeper understanding.

    Four in ten participants believe DeFi could help reduce transaction and service fees, which are often considered too high in the current banking system.

    Around 22% of Americans are also curious about blockchain, crypto, and other non-traditional finance models.

    The research underlines how people across different age groups and backgrounds are showing an interest, pointing to broad-based demand.

    Weakening trust in traditional banks

    Confidence in the banking sector remains low. Only 40% of respondents said they trust large national banks, and 43% trust regional or community banks.

    Less than half of Americans feel the financial system meets their needs, while only 25% believe it benefits ordinary people.

    The survey further shows that 56% of Americans want full control of their money, and 51% want the ability to send money digitally without third-party involvement.

    Foreign-born Americans showed an especially strong desire for these features.

    Security concerns are also pronounced, with only 29% of respondents believing the financial system is secure.

    Many participants also said they see current fees as barriers to inclusion, underscoring the demand for alternatives.

    Lawmakers weigh crypto regulation

    The findings come at a time when lawmakers and industry leaders are actively shaping crypto policy in the US.

    Efforts to regulate digital assets could have a direct impact on adoption rates, especially as 42% of Americans link their interest in DeFi to easier access through legislation.

    The study highlights that 54% of Americans want complete control of their personal and financial data, reflecting broader concerns about privacy in digital transactions.

    This intersection of public demand, regulatory debate, and emerging technology could play a critical role in determining how DeFi develops in the United States in the coming years.

    The data suggests that the conversation around finance is no longer limited to banks and regulators, but increasingly includes everyday Americans who want a different kind of system.

    Growing participation in crypto markets and the ongoing debate on financial rules will continue to shape how quickly DeFi moves into the mainstream.

    Share this articleCategoriesTags



    Source link

    Phemex
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    CryptoExpert
    • Website

    Related Posts

    Market Analysis

    BTC consolidates near $77,000 as traders take $1.72B in profits

    August 25, 2026
    Market Analysis

    KuCoin lands ISO 42001 certification as crypto’s AI race raises trust concerns

    August 24, 2026
    Market Analysis

    Bitcoin eyes $80k after weekly rally pushes BTC above key moving averages

    August 24, 2026
    Market Analysis

    Pepe price rallies 25% as whale demand and futures interest surge

    August 23, 2026
    Market Analysis

    Flowra launches Open Orderflow Auction for Solana blockspace

    August 22, 2026
    Market Analysis

    Hyperliquid surges 22% as Trump signals potential pathway into US market

    August 21, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Recommended
    Editors Picks

    Tom Lee Predicts Ethereum Will Lead Tokenization and AI Growth

    August 26, 2026

    Standard Chartered to Distribute Hong Kong Stablecoin

    August 26, 2026

    40 malicious Firefox add-ons targeted crypto wallets, and 9 began as sports-score tools

    August 26, 2026

    Soluna’s 1 billion-share proposal exposes the funding challenge behind its AI and Bitcoin expansion

    August 26, 2026
    Latest Posts

    We are a leading platform dedicated to delivering authoritative insights, news, and resources on cryptocurrencies and blockchain technology. At Crypto Go Lore News, our mission is to empower individuals and businesses with reliable, actionable, and up-to-date information about the cryptocurrency ecosystem. We aim to bridge the gap between complex blockchain technology and practical understanding, fostering a more informed global community.

    Latest Posts

    Tom Lee Predicts Ethereum Will Lead Tokenization and AI Growth

    August 26, 2026

    Standard Chartered to Distribute Hong Kong Stablecoin

    August 26, 2026

    40 malicious Firefox add-ons targeted crypto wallets, and 9 began as sports-score tools

    August 26, 2026
    Newsletter

    Subscribe to Updates

    Get the latest Crypto news from Crypto Golore News about crypto around the world.

    Facebook Instagram YouTube
    • Contact
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    © 2026 CryptoGoLoreNews. All rights reserved by CryptoGoLoreNews.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 78,025.00
    ethereum
    Ethereum (ETH) $ 2,444.24
    tether
    Tether (USDT) $ 0.99985
    bnb
    BNB (BNB) $ 697.52
    xrp
    XRP (XRP) $ 1.38
    usd-coin
    USDC (USDC) $ 0.99989
    solana
    Solana (SOL) $ 95.99
    tron
    TRON (TRX) $ 0.335143
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.01
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05