It was also revealed by the survey that increasing demand is being observed for cross-chain accessibility, stablecoins, and more secure users experiences.
A recent survey by the on-chain UX platform Reown, in collaboration with blockchain analytics firm Nansen, revealed that 62% of active cryptocurrency users currently manage two or more wallets.
The report noted a 15% rise since 2024. When asked about the reason, 48% of participants said they needed separate wallets for different networks and chains, while 44% pointed to security concerns—up from 32.8% in 2024.
However, 41% of users still face challenges in managing and switching between wallets, while only 23.8% report being aware of smart contract wallets, and even fewer actively use them. These results show that although cryptocurrency adoption is growing, platforms still need to become more intuitive, secure, and accessible for users.
Bitcoin vs. Stablecoins: A Digital Currency Showdown
The study revealed that 64% of respondents hold Bitcoin. Additionally, among those who joined in the past six months, 56% are owners of Bitcoin, outpacing Solana (22%) and memecoins (19%).
The report highlighted that stablecoin ownership nearly doubled, rising to 37% from 20% last year, which indicates a growing user appetite for stable digital assets.
The growth observed in stablecoin use, whether for everyday payments or cross-border transfers, shows that digital currencies that are stable and predictable are trusted by people.
The report quotes Jeannie Lim, Head of APAC at Paxos, saying,
According to the data, 72% of “Real Worlders” have used crypto for payments or peer-to-peer transactions within the past three months. Additionally, 53% have used it to purchase goods and services, and 29% mentioned that payments were their preferred on-chain activity.
