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Data: Monthly spending on crypto payment cards rises to $600 million, with USDT accounting for 62.5%
TechFlow
May 3, 2026
#DeFi
USDT
-0.01%
JUP
-0.72%
SOL
+0.33%
On May 3, Paolo Ardoino, CEO of Tether, shared Memento Research data on X, showing that monthly spending via crypto payment cards has risen to $600 million, a sixfold increase year-on-year. Cumulative on-chain transaction volume has reached $7.2 billion, with 24 million transactions completed across 1.36 million wallet addresses.
Specifically:
1. 62.5% of transactions are settled in Tether ($USDT), indicating stablecoins are gradually becoming the foundational infrastructure for consumer payments;
2. Approximately 90% of transactions are processed via the Visa network;
3. On-chain data also shows that the Solana ecosystem contributed approximately $348 million in transaction volume, while Jupiter’s Jupiter Global saw a month-on-month growth of 660%.