Stablecoin Card Spending Hits $1 Billion in a Single Month for the First Time
TLDR
- Stablecoin card spending hit a record $1.03 billion in July, up 16% from June and 200% year-over-year
- Over 10 million individual purchases were made using stablecoin-linked cards in July
- Jupiter Globalโs USDC-backed Visa card was a key driver, with a 65% jump in new users last month
- Visa processes around 90% of stablecoin card transactions; USDT makes up about 62.5% of settled volume
- 68% of stablecoin card volume came from outside the United States
Stablecoin card spending crossed $1 billion in a single month for the first time in July, reaching $1.03 billion across the industry. The figure marks a 16% increase from June and a 200% jump compared to July last year.
BREAKING: Monthly stablecoin card spending volumes surged another +16% in July, to a record $1.03 billion.
This marks +200% year-over-year volume growth with over 10 million purchases made during July.
The growth has comes amid surging demand for instant settlement and globalโฆ pic.twitter.com/EDksW62jAq
- The Kobeissi Letter (@KobeissiLetter) August 11, 2026
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