Dollar-Backed Stablecoins Dominate Crypto Card Spending Amid Economic Uncertainty

The crypto card spending landscape has seen a significant shift in favor of dollar-backed stablecoins. According to data, they now dominate the market, while euro-backed EURe has dropped to just 2% of the market share.

This trend is notable, especially considering the global economic uncertainty and fluctuations in currency values. The dominance of dollar-backed stablecoins may be a reflection of investors seeking stability and predictability in their investments.