PANews|May 03, 2026 10:42
[Data: Monthly spending via crypto payment cards rises to $600 million, with 90% of transactions relying on Visa]
Tether CEO Paolo Ardoino shared the latest data from Memento Research on the X platform, revealing that the monthly spending scale of crypto payment cards has surged to $600 million, a sixfold year-over-year increase, showcasing strong growth across the industry. Currently, the cumulative on-chain transaction volume of crypto payment cards has reached $7.2 billion, with a total of 24 million transactions covering 1.36 million wallet addresses. The data indicates that approximately 90% of transactions are completed via the Visa network, solidifying Visa as the core circulation channel for crypto payment adoption. On the settlement side, 62.5% of transactions are conducted using USDT, with stablecoins continuing to strengthen the foundational infrastructure for everyday consumer payments.
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