Cryptocurrency payment apps market projected to reach $2.4B by 2033.

The global cryptocurrency payment apps market is projected to reach $2.4 billion by 2033, growing at a CAGR of 17.8% from 2025. The adoption of cryptocurrencies globally and the decentralized nature of blockchain technology are key drivers for market expansion, eliminating the need for banks and accelerating transaction speed. The market size was estimated at $556.9 million in 2024.

The global cryptocurrency payment apps market is projected to reach $2.4 billion by 2033, according to a report by Grand View Research. The market size was estimated at $556.9 million in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 17.8% from 2025 to 2033 [1].

The primary drivers for this growth include the increasing adoption of cryptocurrencies worldwide and the decentralized nature of blockchain technology. The elimination of intermediaries such as banks and the acceleration of transaction speeds are significant factors contributing to the market's expansion.

One of the most transformative trends in the market is the increasing interoperability between crypto payment platforms and traditional banking systems. This allows users to seamlessly convert digital assets into fiat currencies and vice versa, enabling easier withdrawals, direct-to-bank transfers, and debit card functionalities. This integration is bridging the gap between old and new financial infrastructures, encouraging a smoother transition for users hesitant to move entirely into decentralized finance (DeFi) [1].

The proliferation of mobile payment adoption and advancements in cybersecurity are further propelling the market. Cryptocurrency payment apps are leveraging biometric authentication, multi-signature wallets, and hardware-based security modules to enhance transaction safety. Coupled with the increasing global smartphone penetration, especially in emerging economies, these innovations are making digital asset payments more accessible and secure for a broader audience [1].

North America dominated the cryptocurrency payment apps industry in 2024, accounting for a share of 34.6%. The presence of several prominent players in the region stimulates market growth. Additionally, collaborative efforts by some market players towards the acceptance of cryptocurrency payments are expected to create further opportunities for regional growth [1].

Recent developments include Amaze Holdings, Inc. launching a crypto payment strategy to accelerate global creator monetization. The company aims to integrate stablecoins, digital asset treasury solutions, and next-gen monetization tools for its global creator economy. Shopify Inc. has introduced enhancements to its platform, enabling real-time data connectivity and deeper insights into AI responses. Roblox Corporation launched a new licensing platform to facilitate game and interactive media licensing at scale. PayPal Holdings, Inc. announced multi-year agreements with the Big Ten and Big 12 Conferences to modernize the distribution of institutional payments to student-athletes. Hut 8 Corp. recently rebranded to align its external positioning with its strategic focus on energy and digital infrastructure [1].

References:

[1] https://www.globenewswire.com/news-release/2025/07/16/3116423/0/en/Global-Cryptocurrency-Payment-Apps-Market-Projected-to-Reach-2-4-Billion-By-2033-as-Demand-Rises.html