Crypto card spending surged to $759 million monthly by July 2026, with dollar-backed stablecoins USDC and USDT capturing 84% of the market. Euro-backed stablecoin EURe's share plummeted from 88% in early 2024 to just 2%, marking a dramatic shift. This change is influenced by regulatory frameworks like the EU's MiCA, which favored USDC's compliance, reshaping crypto payment preferences in Europe. The growing transaction volume signals crypto cards are moving beyond early adoption into broader use.
Nu Holdings, the fintech behind Nubank, has launched Nu Global, a multi-currency digital account that converts deposits into USDC and EURC stablecoins. This launch marks Nu's entry into the US market and supports over 140 million customers with fee-f...
MoneyGram has introduced a new Visa debit card powered by the Stellar blockchain, launching first in Colombia. The card allows users to spend USDC stablecoins instantly at any Visa-accepting retailer, with automatic conversion to local currency at ch...
Injective has launched native USDC on its mainnet using Circle's Cross-Chain Transfer Protocol (CCTP), becoming the canonical USDC standard across the Cosmos ecosystem, including major players like Cosmos Hub and dYdX. This move fills the gap left by...
Tether's USDT and Circle's USDC together control about 85% of the stablecoin market, with a combined supply of roughly $257.7 billion out of a $302.9 billion total market cap. USDT leads with 60.5% share, while USDC holds 24.5%, serving different rol...
