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BTC $78,641.00 +0.44%
ETH $2,325.69 +0.78%
BNB $618.34 +0.32%
XRP $1.39 +0.34%
SOL $84.08 +0.24%
TRX $0.3374 +1.87%
DOGE $0.1088 +0.94%
ADA $0.2497 +0.62%
BCH $446.81 +0.07%
LINK $9.16 +0.66%
HYPE $41.03 -1.54%
AAVE $92.61 +0.29%
SUI $0.9222 +0.40%
XLM $0.1592 -0.36%
ZEC $403.65 +8.29%

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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