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Voters Across Parties Back Financial Innovation, Survey Finds

The survey points to shared priorities around US-led technology, financial privacy and access, giving policymakers a public-interest case for modernizing finance.

Voters Across Parties Back Financial Innovation, Survey Finds
Voters Across Parties Back Financial Innovation, Survey Finds
Voters Across Parties Back Financial Innovation, Survey Finds
Voters Across Parties Back Financial Innovation, Survey Finds

Republicans and Democrats show similar support for emerging financial technology, according to a DeFi Education Fund survey conducted by Ipsos on KnowledgePanel. Among both groups, 27% support rules that allow financial innovation, while 15% of Republicans and 13% of Democrats say candidates should encourage technologies such as blockchain, crypto and DeFi.

The survey also found broad agreement on what people want from the financial system. Some 63% say it needs upgrading to address threats including cybercrime and AI, 74% consider financial privacy important, and 66% want access to their money at all times. More than one in five respondents have owned or used crypto, while two in five say they are at least somewhat likely to try DeFi.

Why it matters

The findings challenge the idea that crypto divides voters neatly along party lines. Both parties gave the same leading priority for financial innovation: encouraging the next generation of financial technology to be built in the United States.

The survey also points to dissatisfaction with existing finance. Only 31% strongly agree that the system works well for people like them, and 49% feel they have personal control over their financial assets. Those concerns give crypto and DeFi advocates a broader case to make around choice, access and modernization, beyond partisan identity.

Market impact

For the industry, bipartisan support for innovation-friendly rules could help make crypto policy less dependent on party framing. The survey does not establish how voters will act at the polls, but it suggests financial privacy, security and access resonate across political groups.

Among respondents likely to try DeFi, more than eight in 10 say they would use it to save, send money to family or earn interest. That points to everyday financial services, rather than trading alone, as a potential route to wider adoption.

Frequently asked questions

  1. How similar were Republican and Democratic views on innovation-friendly rules?

    In the survey, 27% of Republicans and 27% of Democrats supported rules that allow financial innovation.

  2. What financial technology priority did both parties share?

    Both parties identified encouraging the next generation of financial technology to be built in the United States as their leading priority.

  3. What concerns do Americans have about the current financial system?

    Only 31% strongly agree that the system works well for people like them, and 49% feel they have personal control over their financial assets.

  4. What share of Americans say they may try decentralized finance?

    Two in five respondents say they are at least somewhat likely to try DeFi.

  5. Which everyday uses appeal to people likely to try DeFi?

    More than eight in 10 of those likely to try DeFi would use it to save money, send money to family or earn interest.

Source attribution
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