As shown by attaining a critical milestone, namely 3 million users, crypto adoption in the Republic of El Salvador is gaining traction.
El Salvador’s Bitcoin Act went into effect on September 7. According to the latest figures, it appears to have sparked a true revolution among the populace eager to use this cryptocurrency.
According to President Nayib Bukele’s Twitter account, more than 3 million Salvadorans utilized the Chivo bitcoin wallet yesterday.
According to the most recent statistics from 2020, which confirmed the country’s population of 6.486 million people, up to 46.2 percent of Salvadorans already utilize Bitcoin’s wallet.