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Crypto card spending triples to $1.04 billion in July

Dollar-backed stablecoins funded 70.0% of more than 10 million tracked transactions, with average payments rising to about $86 from $59 a year earlier.

Reported · Written up by our desk · Stablecoins

Crypto card spending hit $1.04 billion in July, more than tripling over the prior year, as consumers increasingly used stablecoins for everyday purchases, according to CoinDesk citing Paymentscan data.

The report says stablecoins funded 70.0% of over 10 million tracked transactions, with USDC accounting for 50.8% of July volume and USDT adding 20.3%, versus about 48% and 7% a year earlier.

CoinDesk also reported that the average payment rose to about $86 per transaction from $59 year over year, while monthly volume climbed to $306 million in July 2025. Data for August was not yet complete.

The story frames the shift as stablecoins becoming more useful in day to day life, with payments routed through existing card networks rather than requiring merchants to accept crypto directly, and notes that Visa said it had more than 160 stablecoin-linked card programs live or in development globally.

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