ECB Survey: Crypto Payment Adoption Below 1% in Eurozone Physical Retail

Odaily Planet Daily reports: A survey by the European Central Bank (ECB) found that only 0.2% of businesses selling goods and services online accept crypto assets; the acceptance rate for crypto assets and stablecoins at physical point-of-sale locations remained below 1% in both 2024 and 2026. The survey covered 8,205 retail, food and beverage, hospitality, and entertainment enterprises across 21 eurozone countries. The acceptance rate for mobile payments at physical locations rose from 36% in 2024 to 68% in 2026; cash acceptance increased from 90% to 92%; card acceptance rose from 87% to 88%; while check acceptance declined from 36% to 27%. When selecting payment methods, businesses prioritized consumer preferences most highly at 26%, followed by security at 22% and ease of operation at 15%. Among businesses that do not accept cash, 36% cited insufficient customer demand, 35% reported difficulties in cash handling, and 29% mentioned security risks. (Cointelegraph)