A survey found that more than half of wealthy investors in major markets in the United States and Europe hold crypto assets. After a sharp market fall in February, more respondents said their willingness to invest increased than said it decreased.

CoinPost reported on Oct. 6 that crypto asset manager CoinShares surveyed 2,230 wealthy investors across seven markets: the United States, Britain, Germany, France, Italy, Sweden and Switzerland. Respondents had at least $500,000 (671.9 million won) in investable assets and had made investment trades within the past 12 months. The survey was conducted online from May 11 to June 5.

The crypto ownership rate topped 50 percent in all seven markets. Sweden was the lowest at 54 percent, while the United States, Britain, Germany and Switzerland were at about 70 percent. The average portfolio allocation was about 10 percent, and 6 percent of respondents cited short-term trading as their main investment style.

After the February plunge, investment sentiment did not shrink significantly. In all seven markets, more respondents said the likelihood of investing had increased than said it had declined. In Germany, 54 percent said their willingness to invest had increased and 23 percent said it had decreased. It also found 79 percent supported tougher regulation. The U.S. government's pro-crypto policies increased investment willingness by 68 to 79 percent by market, while the EU's MiCA rules lifted it by 49 to 65 percent, the survey found.

Everyday use of stablecoins is also becoming more likely. In a Visa survey of 14,250 consumers across 14 Asia-Pacific markets, 46 percent said they were likely to use stablecoins within the next 5 years. The share with actual experience using them over the past year was 16 percent.

Understanding was low, however. Among consumers who said they knew about stablecoins, 49 percent wrongly believed they could only be used to trade other cryptocurrencies, and 41 percent said their value always rises. Among those aware of stablecoins, only 6 percent showed accurate understanding. Visa stressed, "For stablecoins to spread into payments, travel and international remittances, a trustworthy usage environment is needed while complying with regulations."