RalphWood
08-12

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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