A new Bitget Wallet Onchain Report shows that crypto payments are becoming reality—not just hype. In a survey of 4,599 users globally, 36% of Gen Z reported using crypto daily for gaming, everyday purchases, or travel bookings, while 40% of Gen X preferred crypto for high-value categories like real estate, travel, and digital products.
Speed remains the main driver: 46% of users cited fast transactions as their reason for choosing crypto, and 41% valued cross-border accessibility. Emerging markets lead the way—Africa (52%) and Southeast Asia (51%) show top demand for crypto payments because traditional banking is limited and remittance fees are high.
Still, security is a major barrier. About 37% of survey participants identified fraud and hacks as their main concern—Gen X especially feels the risk. Meanwhile, Gen Z is more sensitive about transaction costs and usability problems.
Bitget Wallet proposes “PayFi”—a unified onchain experience integrating earning, sending, and spending crypto with stablecoin yields and merchant QR codes. This approach turns crypto from speculative holding into everyday utility, aligning with evolving user behavior across generations and regions.