Overview
- Paymentscan data aggregated by a16z show monthly crypto card spending reached $759 million in July 2026, about 2.5 times the $306 million recorded a year earlier.
- Nearly 9 million purchases were made through crypto-funded cards in July 2026, with an average transaction of about $86, indicating use for everyday, smaller transactions.
- Dollar-backed stablecoins dominated July activity with USDC at roughly 58% and USDT at about 26%, together accounting for roughly 84% of tracked spend.
- Three issuers—RedotPay, EtherFi, and KAST—generated about 77% of the tracked July volume, and Optimism, Solana, and Base now lead chain share while Gnosis Chain and euro-backed EURe have largely lost ground.
- Measurement caveats remain important because some program figures are self-reported or use off-chain and batched settlement, but the rise in card programs and Visa’s expanding support could broaden dollar access for users who lack traditional bank accounts.