Stablecoin-Funded Crypto Card Spending Tops $1 Billion

Crypto card spending reached $1.04 billion in July, more than tripling year over year from just $306 million in the same month of 2025.

Dollar-backed stablecoins drove most of this activity, with USDC and USDT together funding over 70% of the more than 10 million tracked transactions for the month.

The average transaction size also grew to about $86 per payment in July, compared to $59 a year earlier.