Monthly spending on crypto payment cards rises to $600 million, with USDT accounting for 62.5%
According to ChainCatcher, Tether CEO Paolo Ardoino shared Memento Research data on X, showing that the monthly spending volume of crypto payment cards has risen to $600 million, a sixfold increase compared to a year ago. The cumulative on-chain transaction amount has reached $7.2 billion, involving 24 million transactions and 1.36 million wallet addresses. Among these: 1. 62.5% of transactions are settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments; 2. Approximately 90% of transactions are processed through the Visa network; 3. On-chain data also reveals that the Solana ecosystem contributed about $348 million in transaction volume, while Jupiter's Jupiter Global saw a month-on-month growth rate of 660%.
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