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BTC $78,204.81 -1.18%
ETH $2,179.64 -1.84%
BNB $656.90 -2.47%
XRP $1.42 -1.25%
SOL $86.71 -2.80%
TRX $0.3547 +0.89%
DOGE $0.1095 -3.08%
ADA $0.2553 -2.16%
BCH $417.23 -1.77%
LINK $9.75 -2.92%
HYPE $41.79 -6.09%
AAVE $90.37 -2.57%
SUI $1.06 -2.73%
XLM $0.1518 -1.71%
ZEC $512.73 -0.38%

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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