Crypto card spending hits record $759M in July, up 2.5x YoY, as stablecoins power nearly 9M purchases and push onchain payments further into mainstream commerce

Crypto card spending hits record $759M in July, up 2.5x YoY, as stablecoins power nearly 9M purchases and push onchain payments further into mainstream commerce

𝕏/@a16zcrypto •

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Crypto payment cards cross $750M in monthly spend as stablecoins move onto card rails

Crypto payment cards cross $750M in monthly spend as stablecoins move onto card rails

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MoonPay launches PayBox, letting ChatGPT and Claude initiate crypto and card payments through an AI vault secured with MPC, passkeys and user-defined spending limits

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Crypto cards often lose money on every swipe by design, using rewards as customer acquisition while profits come from FX, spreads, float, and stablecoin balances

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Analysis of 514,915 crypto card wallets suggests float—not cashback—is the industry's biggest moat, with user balances revealing where trust truly resides

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Crypto card payments have surged to $1.5B monthly, but Tiger Research argues the sector remains a niche financial tool rather than true infrastructure due to weak account ownership

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Crypto payment cards cross $750M in monthly spend as stablecoins move onto card rails

Crypto payment cards cross $750M in monthly spend as stablecoins move onto card rails

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How PSPs can support stablecoin and crypto wallet payments without replacing card rails and clearing up the misconception of replacing it with something blockchain-native.

How PSPs can support stablecoin and crypto wallet payments without replacing card rails and clearing up the misconception of replacing it with something blockchain-native.

𝕏/@WalletConnect ·

MoonPay launches PayBox, letting ChatGPT and Claude initiate crypto and card payments through an AI vault secured with MPC, passkeys and user-defined spending limits

MoonPay launches PayBox, letting ChatGPT and Claude initiate crypto and card payments through an AI vault secured with MPC, passkeys and user-defined spending limits

The Block ·

Crypto cards often lose money on every swipe by design, using rewards as customer acquisition while profits come from FX, spreads, float, and stablecoin balances

Crypto cards often lose money on every swipe by design, using rewards as customer acquisition while profits come from FX, spreads, float, and stablecoin balances

𝕏/@obchakevich_ ·

Analysis of 514,915 crypto card wallets suggests float—not cashback—is the industry's biggest moat, with user balances revealing where trust truly resides

Analysis of 514,915 crypto card wallets suggests float—not cashback—is the industry's biggest moat, with user balances revealing where trust truly resides

𝕏/@strato_money ·

Crypto card payments have surged to $1.5B monthly, but Tiger Research argues the sector remains a niche financial tool rather than true infrastructure due to weak account ownership

Crypto card payments have surged to $1.5B monthly, but Tiger Research argues the sector remains a niche financial tool rather than true infrastructure due to weak account ownership

𝕏/@tiger_research_ ·

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