Crypto Deposits: Cross $10 Billion Milestone
Crypto card deposits top $10 billion for first time, surging 82% YTD on stablecoin payment rails adoption cross-border transactions and Open USD launch.
SourceAnalysis
Crypto card deposits have crossed above $10 billion for the first time, marking an 82% year-to-date rise and nearly 250% year-over-year jump that underscores crypto debit card deposit volume growth historical trends. The move stems from rapid stablecoin payment rails adoption cross-border transactions, highlighted by yesterday's launch of the USD-pegged Open USD stablecoin by Visa, Mastercard and over 140 firms. Jupiter Mobile added momentum with 65% month-over-month growth in new users via QR payments now live in more than 60 countries.
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