The Kobeissi Letter(@KobeissiLetter):BREAKING: Monthly stablecoin card spending volumes surged another +16% in July, to a record $1.03 billion. This marks +200% year-over-year volume growth with over 10 million purchases made during July. The growth has comes amid surging demand for instant settlement and global access, which stablecoin cards provide. Jupiter, the world's largest onchain platform has also driven adoption through localized integrations, like QR-based payments and accessibility across 60+ countries, with 68% of volume coming from non-US users. To put this into perspective, just 3 years ago, monthly crypto payment card volume was at just $1 million. We expect to see $1.5+ billion in monthly volume by year-end.

2026.08.11 17:02

BREAKING: Monthly stablecoin card spending volumes surged another +16% in July, to a record $1.03 billion. This marks +200% year-over-year volume growth with over 10 million purchases made during July. The growth has comes amid surging demand for instant settlement and global access, which stablecoin cards provide. Jupiter, the world's largest onchain platform has also driven adoption through localized integrations, like QR-based payments and accessibility across 60+ countries, with 68% of volume coming from non-US users. To put this into perspective, just 3 years ago, monthly crypto payment card volume was at just $1 million. We expect to see $1.5+ billion in monthly volume by year-end.

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