Cryptocurrency Payment Apps Market Size

Cryptocurrency Payment Apps Market size is assessed at USD 893.1 million in 2024 and is set to exceed USD 4.5 billion by the end of 2037, growing at over 12.8% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of cryptocurrency payment apps is estimated at USD 1.07 billion.

The primary driver of the cryptocurrency payment apps market is the increasing adoption of digital currencies across several sectors. For instance, according to the Atlantic Council of United States as of September 2024, 134 countries and currency unions, representing 98% of global GDP, are exploring a Central Bank Digital Currency (CBDC).

Moreover, rising technological advancements enhance usability, security, and overall adoption of cryptocurrency payment solutions.  Innovations such as Layer 2 solutions (e.g., Lightning Network, Raiden Network, Plasma, and Optimistic Rollups) allow for simpler and quicker transactions, making cryptocurrencies more viable for everyday payments. Advances in cryptography and biometric security protect user data and assets, boosting confidence in using these apps. Also, better app design and user interfaces, along with features such as QR code scanning and one-click payments, make transactions easier and more intuitive for users.