Stablecoin-Driven Crypto Card Spending Hits Record $759M
Crypto card spending reached an all-time high in July 2026, exceeding $759 million. This figure represents nearly three times the amount seen a year prior and marks a significant milestone for blockchain-linked balances in everyday transactions.
The growth of crypto card payments is primarily driven by stablecoins, with USDC accounting for approximately 58% of July's spending and USDT representing another 26%. These digital dollars are increasingly used through card networks, connecting blockchain balances to standard checkout systems without requiring merchants to accept cryptocurrency directly.
The dominant share of RedotPay, EtherFi, and KAST programs in the tracked volume highlights their key role in facilitating crypto card spending. However, despite this growth, stablecoin-linked cards still represent a small share of global payments, with Visa's $5.2 billion in stablecoin-linked card activity accounting for only about 0.04% of its total payment volume in 2025.