According to recent data, Australia has overtaken El Salvador to become the fourth largest hub for cryptocurrency ATMs
As of September 2021, Australia has a total of 1,935 cryptocurrency ATMs, while El Salvador has 1,921
The top three countries with the most cryptocurrency ATMs are the United States, Canada, and the United Kingdom.
This growth in cryptocurrency ATM adoption in Australia is likely due to the increasing popularity and mainstream acceptance of cryptocurrencies as a form of payment.
Many businesses and individuals are now using cryptocurrencies as an alternative to traditional fiat currencies for transactions.
The growth in cryptocurrency ATM usage in Australia also reflects the overall trend of increasing cryptocurrency adoption and usage around the world.
As more people become familiar with and comfortable using cryptocurrencies,
it is likely that we will see continued growth in the number of cryptocurrency ATMs in various countries.