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USDC and USDT now dominate 84% of crypto card spending, overtaking euro-backed stablecoins.

Market News
09 Aug 2026
Tokenpost
View Source
Bullish
USDC and USDT now dominate 84% of crypto card spending, overtaking euro-backed stablecoins.

Dollar-backed stablecoins USD Coin (USDC) and Tether (USDT) have become the leading payment methods for crypto cards, making up about 84% of total card spending as of mid-2026. This marks a significant shift from early 2024 when euro-backed stablecoins like EURe controlled most crypto card transactions. The growth in crypto card spending is rapid, with monthly volumes rising from under $1 million in late 2023 to $759 million in July 2026. The shift reflects increasing adoption of digital dollars in crypto payments, supported by expanding card programs and blockchain settlement options, although crypto card payments still represent a small fraction of the global payments market.

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Russia mandates crypto miners accept lower-priority power, allowing disconnections during shortages to protect households.

Russia mandates crypto miners accept lower-priority power, allowing disconnections during shortages to protect households.

Russia has introduced new electricity rules requiring cryptocurrency mining farms to connect under Category 4 power supply, which has lower priority and allows authorities to cut power during shortages. This aims to protect electricity availability f...

Market News
Bearish
4 hours ago
TRON ready to launch quantum-resistant security on mainnet amid AI and quantum threats

TRON ready to launch quantum-resistant security on mainnet amid AI and quantum threats

TRON founder Justin Sun announced that the blockchain is prepared to deploy its quantum-resistant security layer on the mainnet at any time, aiming to protect against emerging threats from quantum computing and AI advancements. This upgrade follows c...

Protocol Fundamentals
Bullish
4 hours ago
Ether leads crypto inflows with $48.73M as USD cash-outs hit $13.37M in recent hours

Ether leads crypto inflows with $48.73M as USD cash-outs hit $13.37M in recent hours

In the past five hours, Ether (ETH) saw the largest inflow of $48.73 million and also the biggest outflow of $8.32 million among cryptocurrencies. Bitcoin (BTC) followed with $22.47 million inflows and $7.43 million outflows. Stablecoins like USDT an...

Market News
Neutral
4 hours ago
Centralized crypto exchanges see nearly 15,000 BTC net outflow in a week, led by Binance.

Centralized crypto exchanges see nearly 15,000 BTC net outflow in a week, led by Binance.

Over the past seven days, centralized cryptocurrency exchanges experienced a combined net outflow of 14,978.95 Bitcoin (BTC). Binance led this trend with a significant outflow of 16,455.52 BTC, followed by Coinbase Pro with 4,034.39 BTC leaving the p...

Market News
Neutral
5 hours ago
Solana's network income turns positive, SOL trades near $109 amid improving economics

Solana's network income turns positive, SOL trades near $109 amid improving economics

Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...

Protocol Fundamentals
Bullish
5 hours ago
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