Crypto Adoption Grows Among Construction Contractors

When thinking about who owns crypto, someone who works in finance or a computer-dominated field probably comes to mind. But these days, someone just as likely to own crypto is a foreman. Construction makes up 13% of U.S. crypto holders who work for a living, and what they do with crypto looks a lot like average, everyday transactions. From sending to family and friends to spending at the gas station, they move money where they need it most, even on a Sunday when the bank is closed.

Tradespeople often own everything that they work with. Your tools, your truck, your book of business and sometimes even the company itself. Crypto works the same way but in the form of money. Money used to live under your mattress, then in a bank, and now, it lives on the internet. A place where you can hold it and reach it at any hour of the day.

You may have more peers exploring the world of crypto than you'd think. In a single year, 12 million more Americans bought crypto for the first time. One in four adults now owns crypto, over 67 million people, up from one in five last year. A lot of that growth happened among tradespeople.

Two business owners in the industry are demonstrating what this looks like in practice so that you can learn how to use it for yourself, too.