Chivo wallet more in use than any Salvadorians bank

TL;DR Breakdown One-third of Salvador residents now use Chivo wallet.More Salvadorians now use Bitcoin than Banks. President of El Salvador, Nayib Bukele, has revealed that 2.1 million Salvadorians are actively using the state-backed Chivo wallet. The president announced via a tweet on his verified Twitter page just three weeks after the Bitcoin law came into effect. His tweet reveals that one-third of Salvadorians have already embraced Bitcoin in the country, according to data from the World Bank, which puts it population at 6.45 million people. 2.1 million Salvadorans are ACTIVELY USING @chivowallet (not downloads).Chivo is not a bank, but in less than 3 weeks, it now has more users than any bank in El Salvador and is moving fast to have more users that ALL BANKS IN EL SALVADOR combined.This is wild!#Bitcoin— Nayib Bukele (@nayibbukele) September 25, 2021 In such a short time (three weeks), the Bitcoin law has financially included around 32.5 percent of the Salvadorian population. This is as the country has about 70 percent of its residents unbanked. The president noted that Bitcoin users in the country are now more than customers of any bank in El Salvador and is moving fast to have more users than all banks in El Salvador combined. El Salvador Chivo Wallet app The government in the Central American country launched the Chivo wallet on the day El Salvador officially recognized Bitcoin as legal tender. The move was a...