According to BlockBeats, on May 22, Lianhe Zaobao reported that the awareness of cryptocurrency among Singaporeans has risen to 94%, but the actual ownership rate has dropped from 40% last year to 29%. The survey shows that Bitcoin remains the most popular crypto asset, with 68% of investors holding Bitcoin, and 86% believing it has currency attributes or investment value.
In addition, 53% of cryptocurrency holders plan to increase their holdings in the next year, and 17% of non-holders expressed interest in entering the market. 61% of investors prefer to hold cryptocurrencies directly rather than investing through ETFs. The usage rate of stablecoins has increased, with 46% of investors having held such assets, of which US dollar stablecoins are the most popular, accounting for 83%.
