Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Monthly spending on crypto payment cards rises to $600 million, with USDT accounting for 62.5%

Monthly spending on crypto payment cards rises to $600 million, with USDT accounting for 62.5%

ChaincatcherChaincatcher2026/05/03 10:21
Show original

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%.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Barrick Mining (B.US) reaches collective agreement with Mali gold miners' union, strike threat lifted

Barrick Mining has reached an agreement with the Mali Gold Miners Union, alleviating the threat of a strike.

智通财经•2026/09/28 09:01