Stablecoin Cards: July Volumes Hit Record $1.03B

Stablecoin card spending volumes climbed 16% in July to a record $1.03 billion, marking 200% year-over-year growth and more than 10 million purchases. Demand for instant settlement and borderless access fueled the jump, while Jupiter, the largest onchain platform, added QR payments and coverage in over 60 countries where non-US users generated 68% of volume. Three years earlier monthly crypto payment card volume stood at just $1 million; analysts now project $1.5 billion+ by year-end.