Monthly spending on crypto payment cards hits $600 million; USDT settles 62.5% of transactions
Memento Research data cited by Odaily Planet Daily shows spending on crypto payment cards has climbed to about $600 million per month, roughly six times the level seen a year ago. Cumulative onchain volume has reached $7.2 billion across 24 million transactions involving 1.36 million wallet addresses.
Tether (USDT) accounts for 62.5% of settlements, underscoring the growing role of stablecoins in everyday payments. Around 90% of transactions are routed through the Visa network.
Onchain figures also indicate the Solana ecosystem generated about $348 million in trading volume, while Jupiter Global, a product under Jupiter, posted 660% month-over-month growth.