According to ME News, on August 14 (UTC+8), 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 is projected to remain below 1% in both 2024 and 2026. The survey covered 8,205 retail, hospitality, dining, and entertainment businesses across 21 eurozone countries. Acceptance of mobile payments at physical locations is expected to rise from 36% in 2024 to 68% in 2026, cash acceptance from 90% to 92%, and card payments from 87% to 88%; meanwhile, acceptance of checks declined from 36% to 27%. When selecting payment methods, businesses most prioritize consumer preferences (26%), followed by security (22%) and ease of operation (15%). Among businesses that do not accept cash, 36% cited insufficient customer demand, 35% reported difficulties in cash handling, and 29% mentioned security risks. (Source: ODAILY)
ECB Survey: Less Than 1% of Eurozone Merchants Accept Crypto Payments
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Summary
A European Central Bank survey shows that less than 1% of eurozone merchants accept crypto payments, with 0.2% of online businesses using crypto assets. The adoption of stablecoins and crypto at physical point-of-sale terminals remained below 1% in 2024 and 2026. Mobile payments increased from 36% to 68%, while cash acceptance rose to 92%. The low adoption rate raises questions about liquidity and the integration of crypto markets. CFT regulations may also contribute to merchant hesitation. The survey included 8,205 businesses across 21 eurozone countries.
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