Crypto spending will grow, but fiat isn’t going anywhere: Mercuryo CEO
Petr Kozyakov, CEO of Mercuryo, stated that the future of finance will involve a coexistence of digital assets and fiat currencies, with each used based on convenience. He emphasized that crypto will not fully replace fiat but will be adopted for practical uses like payroll and money transfers. The trend of companies paying employees in crypto is growing, with more businesses settling salaries in digital assets. As employees receive crypto payments, they seek practical spending options for everyday purchases. In some regions, such as Dubai, crypto has been recognized as a valid salary payment method. Kozyakov views crypto as a valuable tool for moving and storing money, though spending it remains complex. Mercuryo has partnered with Ledger to create a crypto payment card for easier transactions at Mastercard-accepting locations, aiming to enhance crypto adoption as a medium of exchange.
