**Crypto Interest Surges in Swing States Ahead of 2024 Elections**

Digital assets are gaining traction among voters in key swing states, according to a16z’s “State of Crypto 2024” report. Pennsylvania and Wisconsin, both pivotal in tight races, have seen significant increases in cryptocurrency search interest since the 2020 elections. Michigan and Georgia also report a surge, while Arizona and Nevada show moderate declines.

The report highlights that over 40 million Americans now hold cryptocurrencies, with a notable portion supporting crypto-friendly candidates. Among swing state voters, 41% are Democrats, 39% Republicans, and 20% Independents or others.

A key topic is the potential for a US central bank digital currency (CBDC). While the Federal Reserve has been exploring a digital dollar since 2020, stablecoins backed by private companies are currently filling the gap, supporting the dollar’s global reserve status. Stablecoins have facilitated $8.5 trillion in transactions in Q2 2024, surpassing Visa’s $3.9 trillion.

Stay tuned as crypto continues to shape voter priorities in the upcoming elections.