Payments on cryptocurrency-focused cards has more than doubled from a year earlier to reach $759 million U.S. in July.
Spending on crypto cards increased 2.5 times in July from a year earlier supported by nearly nine million purchases settledthrough dollar-backed stablecoins, according to venture capital firm Andreessen Horowitz.
The monthly amount being spent on crypto cards has risen from less than $1 million U.S. in October 2023 to more than three-quarters of a billion dollars today.
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#july #cards #million
Spending on crypto cards increased 2.5 times in July from a year earlier supported by nearly nine million purchases settledthrough dollar-backed stablecoins, according to venture capital firm Andreessen Horowitz.
The monthly amount being spent on crypto cards has risen from less than $1 million U.S. in October 2023 to more than three-quarters of a billion dollars today.
More From Cryptoprowl:
MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#july #cards #million
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