Crypto card spending is exceeding $1 billion, with tracked transaction volume more than tripling over the past year, according to Paymentscan data reported by CoinDesk and referenced by PYMNTS. In July, card spending reached about $1.04 billion, supported by dollar-backed stablecoins.
Across the reporting, more than 10 million tracked cards transactions are cited, and USDC and USDT account for most of the funds used for purchases. One outlet says stablecoins make up about 70% of card spending, emphasizing their role as a bridge between cryptocurrency holdings and real-world payments. The articles also describe card usage shifting toward everyday categories, including groceries, rides, and subscriptions, indicating that users are increasingly using crypto-linked cards for routine expenditures rather than limited or niche purchases.
