Crypto Ownership Surpasses Demographic Stereotypes, Says Ripple Exec

Ripple's Chief Legal Officer Stuart Alderoty is pushing back against critics who stereotype cryptocurrency supporters as being from a narrow demographic. He claims that the industry's user base is far more diverse than its critics tend to believe.

According to Alderoty, roughly 67 million Americans currently hold cryptocurrency, and about one-third of U.S. crypto owners are women. What is striking is that more holders are over the age of 55 than under 25.

'They're teachers, construction workers, veterans, nurses, parents, and small business owners,' Alderoty wrote in response to a Wall Street Journal Opinion editorial criticizing the Senate's proposed CLARITY Act.