Monthly top-up volume for crypto-linked cards rose 16% to surpass $1 billion for the first time.
Stablecoin-based card top-up volume reached $1.08 billion in July, marking the first time monthly loads exceeded $1 billion. The 16% increase highlights growing adoption of crypto cards for real-world transactions.
Prior months had not crossed the $1 billion threshold, with June volumes significantly lower. The surge aligns with broader trends in digital asset payments, as stablecoins gain traction in consumer spending.
No immediate market reaction was reported, but the milestone underscores expanding use cases for stablecoins beyond trading.