Binance Research Report: Emerging Market Users to Account for 77% of Total Users by 2026

Odaily Odaily reports that according to the latest research from Binance, emerging market users will account for 77% of its total user base by 2026, up from 49% in 2020. These users are increasingly utilizing crypto exchanges for savings, payments, and investments. The report states that 83% of users engaging with two or more platform products come from emerging markets, and their savings usage rate is more than double that of users in developed markets. Additionally, approximately 36% of emerging market users with a balance of at least $10 allocate half or more of their assets to stablecoins. Furthermore, 1.3 billion adults worldwide still lack access to financial services, 4.7 billion people are unable to obtain credit, and 1.4 billion savers in low-income countries earn no interest on their deposits. (CoinDesk)