USDC and Visa Fuel Crypto Card Adoption to $759M Monthly

Crypto payment cards are rapidly gaining traction as a means of spending stablecoins, with a significant surge in transaction volumes reported by Paymentscan data.

In July 2026, crypto card transactions reached $759 million, marking a 2.5x increase from $306 million in the same period last year and a substantial rise from less than $1 million when tracking began in October 2023.

Nearly 9 million purchases were made with crypto cards in July, averaging $86 per transaction. The majority of these transactions were processed through Visa, which operates over 130 stablecoin-linked card programs across 50+ countries.

USDC dominates the market, accounting for 58% of spend, while USDT handled 26%. This marks a significant shift from early 2024, when euro-backed stablecoins like EURe controlled 88% of the market. The rise of USDC aligns with broader trends in the stablecoin market, driven by its stability and integration into payment card programs.

The blockchain footprint has also diversified, with Ethereum Layer 2 Optimism handling 29% of crypto card volume, followed by Solana and Base each capturing 19%. Gnosis has dropped to a mere 2%, reflecting the proliferation of new card programs and blockchain networks.