Cryptocurrency Mainstream Adoption Hits Unlikely Milestone

Ripple's Chief Legal Officer Stuart Alderoty made a striking comment at the SALT 2026 conference, stating that more Americans own cryptocurrency than pet dogs.

This assertion highlights the growing mainstream adoption of digital assets and their increasing economic significance. According to surveys, around 18% of American adults have used cryptocurrency, while approximately 44% of households own dogs.

The comparison is not meant to be taken literally but illustrates the broad reach of crypto across demographics. Alderoty's statement aligns with Ripple's ongoing advocacy for clear regulatory frameworks in the U.S., as the company faces legal battles with the SEC.