U.S. Financial Industry Regulatory Authority: 55% of Generation Z in the U.S. prefer to invest in cryptocurrencies

ChainCatcher News, a survey by the Financial Industry Regulatory Authority (FINRA) shows that 55% of American Gen Z prefer to invest in cryptocurrencies. Gen Z prefers managing their finances on-chain rather than online. They find digital banking platforms clunky and opaque. Gen Z prefers to manage their finances on-chain through decentralized financial applications and digital dollar stablecoins.

It is reported that Gen Z refers to those born between 1997 and 2012, currently aged 12 to 27.