Data: Monthly crypto card spending rises to $600 million, with USDT accounting for 62.5%

Odaily Planet Daily News: Data released by Memento Research shows that the monthly transaction volume of crypto payment cards has risen to $600 million, a six-fold increase from a year ago. The cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions completed, involving 1.36 million wallet addresses. Among them:

1. 62.5% of transactions are settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments;

2. Approximately 90% of transactions are completed via the Visa network;

3. On-chain data also shows that the Solana ecosystem contributed approximately $348 million in transaction volume, while Jupiter Global, under Jupiter, saw a month-over-month growth of 660%.