Crypto Card Spending Hits Record $750M in July, Surging to All-Time High

Stablecoin card transaction volume reached $750 million in July, marking an all-time high as crypto payments transition from niche novelty to mainstream utility.

Woofun AI reports that stablecoin-based card payments have evolved from a niche novelty into a mainstream instrument, facilitating over $750 million in monthly purchases. This milestone reflects the growing integration of cryptocurrency into traditional commerce, allowing users to spend digital assets wherever standard card networks are accepted.

Data indicates that payment providers including ReddotPay, EtherFi, and KAST collectively generated $750 million in transaction volume during July. This figure represents an all-time high for crypto card spending, underscoring the increasing adoption of stablecoins for everyday retail transactions.