$759M Crypto Card Spending Surge Driven by Stablecoin Dominance

Crypto card spending has reached an all-time high of $759 million in July 2026, more than double the level from a year ago, according to Paymentscan figures. This milestone marks the rapid growth of blockchain-linked balances being used through card networks for routine transactions.

The average transaction size was approximately $86, indicating that activity was spread across smaller purchases rather than large-value transfers. USDC captured 58% of July crypto card spending, while USDT accounted for 26%, making digital dollars dominant in the market.

RedotPay, EtherFi, and KAST generated about 77% of July's $759 million in tracked crypto card spending volume. The network mix has changed considerably, with Optimism leading with roughly 29% of spending, followed by Solana and Base each representing about 19%.