BREAKING: The total volume of payments processed on crypto cards has reached a record $12.5 billion, up +140% year-to-date. This also marks +247% growth compared to levels seen in October 2025. Continued adoption of stablecoins as a payment rail and the push toward cross-border transaction efficiency are behind the surge in volume. Furthermore, QR-code based payments for crypto cards are seeing robust growth. This has fueled +55% quarter-over-quarter growth in activated cards on Jupiter Spend, one of the largest onchain card providers, particularly due to demand for QR payments. Crypto cards are the next phase of crypto adoption.