B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
7,700,000
7,700,000 -- cryptocurrency owners for South Africa (2023)
Approximately 7.7 million South Africans possess cryptocurrency.
- The figure is an approximation cited from unspecified reports in a news article.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
7,700,000
Unit
Count
Data Vintage
2023
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Stitch
Primary
Tier B
https://bitcoinke.io/2023/11/stitch-unveils-pay-with-crypto-product/ ↗
Source Article
LAUNCH | Leading South African Fintech, Stitch, Unveils ‘Pay with Crypto’ Product for Local Businesses
South African fintech, Stitch, has unveiled a new payment option called ‘Pay with crypto’ enabling customers to make direct payments using their cryptocurrency wallets.
This development comes against the backdrop of the increasing popularity of cryptocurrency in the local market, where reports indic…
Original Research
Stitch
· Original study ↗
Methodology
Cited by Stitch in official statement; original survey not named
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
South Africa: 7,700,000 cryptocurrency owners. Source: Stitch (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/south-africans-own-crypto-2023
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<blockquote cite="https://lighthousedata.io/data/south-africans-own-crypto-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>7,700,000</strong> -- cryptocurrency owners for South Africa<br><small>Source: Stitch (2023) · <a href="https://lighthousedata.io/data/south-africans-own-crypto-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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