{"id":59648,"date":"2025-09-18T13:27:44","date_gmt":"2025-09-18T13:27:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/low-trust-in-banks-drives-americans-toward-crypto-and-defi-adoption\/"},"modified":"2025-09-18T13:27:44","modified_gmt":"2025-09-18T13:27:44","slug":"low-trust-in-banks-drives-americans-toward-crypto-and-defi-adoption","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/low-trust-in-banks-drives-americans-toward-crypto-and-defi-adoption\/","title":{"rendered":"Low trust in banks drives Americans toward crypto and DeFi adoption"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250918_115002_8dWke-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250918_115002_8dWke-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250918_115002_8dWke-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/20250918_115002_8dWke-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li data-start=\"236\" data-end=\"862\">Nearly 18% of Americans have used or owned cryptocurrency.<\/li>\n<li data-start=\"236\" data-end=\"862\">84% would use DeFi for online shopping, 78% for bills, 77% for saving.<\/li>\n<li data-start=\"236\" data-end=\"862\">54% want full control over personal and financial data.<\/li>\n<\/ul>\n<p data-start=\"236\" data-end=\"862\">A new study by the Defi Education Fund, carried out with Ipsos, reveals a strong appetite for alternative financial systems in the United States.<\/p>\n<p data-start=\"236\" data-end=\"862\">The survey shows that frustration with traditional banks is widespread, and many Americans want greater control over their money. At the same time, interest in decentralised finance is steadily rising.<\/p>\n<p data-start=\"236\" data-end=\"862\">Nearly one in five Americans has owned or used cryptocurrency, while a larger group is keen to explore DeFi as a way to manage transactions without relying on intermediaries.<\/p>\n<p data-start=\"236\" data-end=\"862\">The findings highlight the scale of financial dissatisfaction and the shift towards digital finance.<\/p>\n<h2 data-start=\"864\" data-end=\"899\">Growing demand for DeFi access<\/h2>\n<p data-start=\"901\" data-end=\"1667\"><a href=\"https:\/\/www.defieducationfund.org\/demystifyingdefi\">The study<\/a> indicates that 42% of Americans would try DeFi if regulations made access easier.<\/p>\n<p data-start=\"901\" data-end=\"1667\">Of those, 84% would use DeFi for online shopping, 78% for paying bills, and 77% for saving money.<\/p>\n<p data-start=\"901\" data-end=\"1667\">Despite this, only 12% of respondents described themselves as very or extremely interested in learning about DeFi, showing a gap between potential use and deeper understanding.<\/p>\n<p data-start=\"901\" data-end=\"1667\">Four in ten participants believe DeFi could help reduce transaction and service fees, which are often considered too high in the current banking system.<\/p>\n<p data-start=\"901\" data-end=\"1667\">Around 22% of Americans are also curious about blockchain, crypto, and other non-traditional finance models.<\/p>\n<p data-start=\"901\" data-end=\"1667\">The research underlines how people across different age groups and backgrounds are showing an interest, pointing to broad-based demand.<\/p>\n<h2 data-start=\"1669\" data-end=\"1710\">Weakening trust in traditional banks<\/h2>\n<p data-start=\"1712\" data-end=\"2458\">Confidence in the banking sector remains low. Only 40% of respondents said they trust large national banks, and 43% trust regional or community banks.<\/p>\n<p data-start=\"1712\" data-end=\"2458\">Less than half of Americans feel the financial system meets their needs, while only 25% believe it benefits ordinary people.<\/p>\n<p data-start=\"1712\" data-end=\"2458\">The survey further shows that 56% of Americans want full control of their money, and 51% want the ability to send money digitally without third-party involvement.<\/p>\n<p data-start=\"1712\" data-end=\"2458\">Foreign-born Americans showed an especially strong desire for these features.<\/p>\n<p data-start=\"1712\" data-end=\"2458\">Security concerns are also pronounced, with only 29% of respondents believing the financial system is secure.<\/p>\n<p data-start=\"1712\" data-end=\"2458\">Many participants also said they see current fees as barriers to inclusion, underscoring the demand for alternatives.<\/p>\n<h2 data-start=\"2460\" data-end=\"2498\">Lawmakers weigh crypto regulation<\/h2>\n<p data-start=\"2500\" data-end=\"3472\">The findings come at a time when lawmakers and industry leaders are actively shaping crypto policy in the US.<\/p>\n<p data-start=\"2500\" data-end=\"3472\">Efforts to regulate digital assets could have a direct impact on adoption rates, especially as 42% of Americans link their interest in DeFi to easier access through legislation.<\/p>\n<p data-start=\"2500\" data-end=\"3472\">The study highlights that 54% of Americans want complete control of their personal and financial data, reflecting broader concerns about privacy in digital transactions.<\/p>\n<p data-start=\"2500\" data-end=\"3472\">This intersection of public demand, regulatory debate, and emerging technology could play a critical role in determining how DeFi develops in the United States in the coming years.<\/p>\n<p data-start=\"2500\" data-end=\"3472\">The data suggests that the conversation around finance is no longer limited to banks and regulators, but increasingly includes everyday Americans who want a different kind of system.<\/p>\n<p data-start=\"2500\" data-end=\"3472\">Growing participation in crypto markets and the ongoing debate on financial rules will continue to shape how quickly DeFi moves into the mainstream.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/low-trust-in-banks-drives-americans-toward-crypto-and-defi-adoption\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Nearly 18% of Americans have used or owned cryptocurrency. 84% would use DeFi for online shopping, 78% for bills, 77% for saving. 54% want full control over personal and financial data. A new study by the Defi Education Fund, carried out [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":59649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59648"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59648"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59649"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}