Cumulative top-up amount of crypto payment cards exceeds $10 billion for the first time, stablecoins drive application growth.

BlockBeats news, July 2: Paymentscan data shows that the cumulative top-up amount for cryptocurrency payment cards has for the first time surpassed $10 billion, reaching approximately $10.33 billion—up 82% from the beginning of the year and up about 250% year over year. This figure refers to the cumulative top-up scale of cryptocurrency payment cards and related payment programs, not the trading volume of cryptocurrency exchanges.

Reports indicate that stablecoins are becoming the main driving force behind the growing adoption of cryptocurrency payment cards. Compared with volatile assets such as Bitcoin, stablecoins can be used for payment settlement through traditional card networks, lowering the threshold for merchant onboarding while also being better suited to everyday spending scenarios in cross-border payments, remittances, and high-inflation regions.

As payment companies, crypto exchanges, and asset management institutions continue to improve stablecoin infrastructure, cryptocurrency payment cards are gradually becoming an important gateway through which digital assets connect with real-world consumer spending. However, as the scale of use expands, regulators will pay increasing attention to issues such as consumer protection, sanctions screening, tax reporting, transparency of reserve assets, and transaction monitoring.