Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Reported by CoinDesk · coindesk.com · August 23, 2026
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
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What to watch: This report cites a concrete figure (70%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $CRCW +12.50%
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