Crypto Card Spending Jumps Threefold in a Year, Paymentscan Data Shows

Cryptocurrency card spending has reportedly more than tripled in the last year amid increased retail purchasing. Spending on these cards came to $1.04 billion in July thanks to dollar-backed stablecoins and more people purchasing everyday items like groceries, CoinDesk reported Sunday (Aug. 23). Dollar-backed stablecoins were behind 70% of the more than 10 million tracked … Continue reading Crypto Card Spending Jumps Threefold in a Year, Paymentscan Data Shows