Crypto Card Purchases Set New $1 Billion Monthly Record

NewsMon, 24 Aug 2026 09:32:39 UTC2 hours ago
Crypto Card Purchases Set New $1 Billion Monthly Record

Crypto card spending hit a monthly record, with stablecoin-funded purchases climbing to $1.03 billion, or $1.04 billion in supplementary reporting based on PaymentsScan data. PaymentsScan, an on-chain analytics platform that tracks card activity across dozens of issuers, reported that the figure was up 16% from June and nearly 200% from a year earlier.

More than 10 million individual purchases were logged in July alone, according to PaymentsScan data cited on X by The Kobeissi Letter. Just three years ago, PaymentsScan’s tracked monthly volume was roughly $1 million. The climb from $382 million in August 2025 to more than $1 billion in July 2026 marks sustained growth in the platform’s tracked data.

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