Cumulative crypto card payment volumes have reached a record $7.8 billion, with monthly volumes surging +230% since May 2025, according to data cited by The Kobeissi Letter. The acceleration reflects a structural shift in how stablecoins are being used — not just as a store of value, but as an active payment rail embedded in everyday card spending.
The milestone arrives against a mixed macro backdrop: IBIT recorded its largest single-day ETF outflow, and geopolitical tension spiked after Trump struck Iran. Yet the payment volume data underscores a key thesis — real-world crypto utility is compounding regardless of short-term price action or institutional flow reversals.
Crypto News