The cumulative recharge amount of encrypted payment cards has exceeded 10 billion US dollars for the first time, with stablecoins driving application growth.

Mars Finance News, July 2nd – Paymentscan data shows that the cumulative top-up amount for cryptocurrency payment cards has exceeded $10 billion for the first time, reaching approximately $10.33 billion. This represents an 82% increase since the beginning of the year and a year-on-year growth of about 250%. The data reflects the cumulative top-up scale of crypto payment cards and related payment projects, rather than the trading volume of cryptocurrency exchanges.

Reports indicate that stablecoins are becoming the main driving force behind the adoption of crypto payment cards. Compared to volatile assets like Bitcoin, stablecoins can settle payments through traditional banking card networks, lowering the barrier to entry for merchants while also being more suitable for cross-border payments, remittances, and daily spending scenarios in high-inflation regions.

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