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BTC $65,812.41 +0.25%
ETH $1,769.07 -0.49%
BNB $605.36 +0.19%
XRP $1.22 +0.34%
SOL $73.84 +1.08%
TRX $0.3211 +1.32%
DOGE $0.0871 +0.81%
ADA $0.1708 -1.26%
BCH $216.49 +0.30%
LINK $8.27 +1.36%
HYPE $75.81 +2.37%
AAVE $76.88 +3.76%
SUI $0.8011 +2.49%
XLM $0.2254 +4.54%
ZEC $493.87 -1.97%

The monthly spending on encrypted payment cards has risen to 600 million dollars, with USDT accounting for 62.5%

2026-05-03 18:18:43
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Tether CEO Paolo Ardoino shared data from Memento Research on the X platform, showing that the monthly spending scale of crypto payment cards has risen to $600 million, a sixfold increase compared to a year ago. The cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions involving 1.36 million wallet addresses. Among these: 1. 62.5% of transactions were settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments; 2. About 90% of transactions were completed through the Visa network; 3. On-chain data also shows that the Solana ecosystem contributed approximately $348 million in transaction volume, while Jupiter's Jupiter Global saw a month-over-month growth of 660%.

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