Stablecoins
Bullish
Crypto card payments hit record $12.5 billion as stablecoin use rises
Image: Bitcoin MagazineIndustry-wide crypto card payment volume reached a record $12.5 billion, up 140% year-to-date and 247% higher than October 2025 levels. Stablecoins and QR code payments are the primary drivers of this growth. In July 2026, industry stablecoin card spending crossed $1 billion for the first time, hitting $1.03 billion across more than 10 million transactions. Jupiter Spend's activated cards rose 55% quarter-over-quarter, supported by QR payment demand and cashback incentives.
Key points
- Industry crypto card payment volume hit a record $12.5 billion, up 140% year-to-date.
- Stablecoins and QR code payments are the primary drivers of crypto card volume growth.
- QR payment demand and cashback incentives drove growth for Jupiter Spend and industry crypto cards.
- Crypto card products integrate with major payment networks to reach millions of merchants.
Why it matters
This growth shows stablecoins are gaining traction as a practical payment tool for everyday transactions. Crypto card products bridge on-chain assets with existing merchant payment infrastructure, reducing friction for crypto users.
What's unclear
The exact share of the $12.5 billion industry crypto card volume attributable to Jupiter Spend is not disclosed.
Sources · 2 publishers
Bitcoin Magazine
Tier 1
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Bitcoin Magazine
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
