Crypto card spending jumps 2.5x to $759m in July

crypto.news Editorial

(04:11 PM UTC)

1 min read

Crypto payment card spending has jumped 2.5 times from a year earlier to reach $759 million in July, supported by nearly 9 million purchases settled mainly through dollar-backed stablecoins.

Summary

July spending rose from $306 million a year earlier to $759 million.
Cardholders completed nearly 9 million purchases with an average value of about $86.
US…

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