BTC $62,713.13 -1.27%
ETH $1,870.35 -0.82%
BNB $604.15 -0.84%
XRP $1.00 -0.20%
SOL $75.31 -0.93%
TRX $0.3323 -0.48%
DOGE $0.0693 -0.88%
ADA $0.1790 -2.02%
BCH $203.11 -5.10%
LINK $8.82 +0.54%
HYPE $56.11 -2.40%
AAVE $85.70 -2.65%
SUI $0.6764 -1.84%
XLM $0.1597 -0.29%
ZEC $485.82 -0.65%
BTC $62,713.13 -1.27%
ETH $1,870.35 -0.82%
BNB $604.15 -0.84%
XRP $1.00 -0.20%
SOL $75.31 -0.93%
TRX $0.3323 -0.48%
DOGE $0.0693 -0.88%
ADA $0.1790 -2.02%
BCH $203.11 -5.10%
LINK $8.82 +0.54%
HYPE $56.11 -2.40%
AAVE $85.70 -2.65%
SUI $0.6764 -1.84%
XLM $0.1597 -0.29%
ZEC $485.82 -0.65%

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

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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