According to Tether CEO Paolo Ardoino citing data from Memento Research, monthly crypto payment card spending reached $600 million, a 6-fold increase year-over-year. USDT accounts for 62.5% of transactions, with approximately 90% of all transactions processed through the Visa network. The total on-chain transaction volume has reached $7.2 billion, covering 24 million transactions involving 1.36 million wallet addresses.

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