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BTC $64,198.24 +0.88%
ETH $1,732.04 +0.29%
BNB $589.41 +0.50%
XRP $1.13 -0.02%
SOL $74.00 +3.48%
TRX $0.3267 +1.03%
DOGE $0.0832 -0.98%
ADA $0.1621 -0.82%
BCH $198.19 -0.75%
LINK $7.98 +0.23%
HYPE $68.20 -3.77%
AAVE $74.86 +0.07%
SUI $0.7106 -1.45%
XLM $0.2133 -2.12%
ZEC $459.37 -2.93%

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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