Ripple CEO Shares Surprising Findings on U.S. Crypto Ownership
Ripple CEO Brad Garlinghouse recently shared eye-opening data on social media, spotlighting a report by the National Cryptocurrency Association (NCA).
It reveals a significant 21% of Americans now own cryptocurrency. This marks a notable shift in the U.S. financial landscape, demonstrating the growing acceptance of digital assets among the general public.
The Impact of Crypto on American Lives
The NCA survey also highlighted the positive impact that cryptocurrency has had on the lives of its American owners. A remarkable 76% of crypto owners reported that digital assets have had a beneficial effect on their financial well-being.
Garlinghouse emphasized the importance of organizations like the NCA for raising awareness about the practical, everyday use cases for crypto. “That’s why orgs like the NCA are so important—spotlighting the practical, everyday use cases possible through crypto,” he remarked in his social media post.
Demographics and Trends in U.S. Crypto Ownership
The survey revealed interesting demographic trends among U.S. crypto owners. Notably, the majority of digital asset holders are young and male, with nearly 70% of owners being men. Professions most commonly represented in the crypto space include technology, construction, and finance. Millennials represent the largest share of crypto users, making up more than half of all U.S. crypto owners, while only 15% of owners are above the age of 55.
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Geographically, cryptocurrency ownership is most prevalent in the conservative southern region of the U.S., where 39% of people report owning crypto. In contrast, the Midwest shows the lowest percentage, with only 17% of people there owning digital assets.
Crypto Usage and Popularity
The survey also provided insights into how Americans are using crypto. A surprising 39% of crypto owners have used digital assets for shopping, while investing remains the most popular use case, with 52% of owners using crypto primarily for investment purposes. A smaller percentage, 15%, have used cryptocurrency to purchase property and real estate.
American Sentiment Toward Crypto Leadership
The survey also revealed that a strong majority—73%—of American crypto owners want the U.S. to become a global leader in the crypto space. This reflects a growing desire for the U.S. to embrace digital currencies and lead the world in the innovation of financial technology.
A Shift Toward Crypto-Friendly Policies
Garlinghouse’s comments come as the U.S. government continues to make strides in the cryptocurrency industry. Recently, the U.S. took a pioneering step by setting up a cryptocurrency reserve, signaling a shift toward more crypto-friendly policies. Just last month, Garlinghouse told Fox News that the U.S. had “finally unlocked” the potential of the crypto industry, after previously lagging behind other crypto-friendly jurisdictions.
Looking Ahead
As the survey results indicate, cryptocurrency ownership and use are continuing to grow in the U.S. The findings also underscore the importance of government and regulatory bodies recognizing the potential benefits of digital assets. With increasing interest and engagement from Americans, the future of crypto in the U.S. appears to be on an upward trajectory.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
