Monthly spending on crypto payment cards climbs to $600 million; USDT settles 62.5% of transactions

Monthly spending via crypto payment cards has increased to $600 million, up sixfold from a year earlier, according to figures from Memento Research shared on X by Tether CEO Paolo Ardoino and cited by ChainCatcher. The dataset shows cumulative onchain volume of $7.2 billion across 24 million transactions, involving 1.36 million wallet addresses. USDT accounted for 62.5% of settlements, underscoring the growing role of stablecoins in consumer payments. Around 90% of transactions were routed through the Visa network. Onchain breakdowns indicate the Solana ecosystem generated about $348 million in transaction volume, while Jupiter Global, part of Jupiter, posted 660% month-over-month growth.