Stablecoin card spending hit a record $1.03B in July, up another 16% MoM and roughly 200% YoY.
More than 10 million purchases were made during the month.
The bigger story here is that stablecoins are increasingly moving from trading infrastructure to real-world payments, driven by instant settlement and global accessibility.
With 68% of volume coming from non-US users and adoption expanding across 60+ countries, the addressable market is becoming increasingly global.
For perspective, monthly crypto payment card volume was only around $1M just 3 years ago.
If this trajectory continues, $1.5B+ in monthly volume by year-end looks achievable.
That's a pretty powerful adoption trend for the broader stablecoin and crypto-payments ecosystem.
$Circle Internet Corp.(CRCL)$ $Coinbase Global, Inc.(COIN)$ $Robinhood(HOOD)$ $PayPal(PYPL)$ $MasterCard(MA)$
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