Crypto card payments reached a record $12.5 billion in 2026, up 140% year-to-date, largely fueled by stablecoins like USDC and USDT and QR code payments. Jupiter Global's Solana-based card, Jupiter Spend, contributes to this growth but holds a modest $7.6 million monthly volume as of September. The card allows fee-free stablecoin deposits and offers up to 4% cashback, which has boosted transaction volumes. Despite strong features and Visa's wide merchant network, Jupiter remains a smaller player in a rapidly expanding market, with concerns about how much volume is driven by cashback incentives versus organic use.
Crypto card payments hit a record $12.5 billion in 2026, highlighting rapid growth in stablecoin and QR code transactions. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 06, 2026 23:03 WIB: Among 50 major cryptocurrencies, 25 rose and 24 fell today. Notable movers include CRV at Rp6.516 with a 1-day change of -3.04% and 87% sell order activity, UNI at Rp155.214 with -2.94% and 81% buy order activity, and COTI at Rp246 with -2.94% and 64% sell order activity.
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