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BTC $63,862.70 +0.81%
ETH $1,725.58 +0.30%
BNB $587.51 +0.36%
XRP $1.12 -0.27%
SOL $72.95 +2.34%
TRX $0.3266 +1.30%
DOGE $0.0829 -0.99%
ADA $0.1605 -1.28%
BCH $197.47 -0.61%
LINK $7.92 -0.18%
HYPE $67.58 -4.11%
AAVE $74.64 +0.75%
SUI $0.7054 -1.36%
XLM $0.2117 -1.57%
ZEC $454.72 -2.94%

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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