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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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Bitcoin holders dormant over 5 years double spending activity amid price consolidation.

Bitcoin holders dormant over 5 years double spending activity amid price consolidation.

Bitcoin holders who have kept their coins dormant for over five years have doubled their spending activity since May, with the 90-day average spent output rising to about 1,500 BTC. This increase occurs during a period of Bitcoin price consolidation ...

Market News
Neutral
4 hours ago
Bitcoin dips below $80K after strong US jobs data boosts Fed rate hike bets

Bitcoin dips below $80K after strong US jobs data boosts Fed rate hike bets

Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability o...

Market News
Bearish
4 hours ago
MicroStrategy sells $250 Bitcoin-themed Jordans but only accepts card payments, not Bitcoin.

MicroStrategy sells $250 Bitcoin-themed Jordans but only accepts card payments, not Bitcoin.

MicroStrategy has launched $250 Bitcoin-branded Nike Air Jordans on its online store, but the store only accepts card and Apple Pay payments, not Bitcoin. This move highlights MicroStrategy's unique marketing approach linking merchandise to its Bitco...

Market News
Neutral
4 hours ago
Ethereum surges 66% in Q3, its strongest quarter since 2016 driven by ETFs, corporate buys, and DeFi growth

Ethereum surges 66% in Q3, its strongest quarter since 2016 driven by ETFs, corporate buys, and DeFi growth

Ethereum gained about 66.55% in Q3 2026, marking its best third quarter since 2016 and the third strongest ever. This rally was fueled by over $10 billion inflows into spot Ethereum ETFs, $15 billion in corporate treasury purchases, and a rise in dec...

Protocol Fundamentals
Bullish
4 hours ago
Comstock Resources forms $400M JV with Jerry Jones family, plans $1.65B debt reduction deal

Comstock Resources forms $400M JV with Jerry Jones family, plans $1.65B debt reduction deal

Comstock Resources announced a joint venture with a fund linked to the Jerry Jones family investing over $400 million. The company also reached a preliminary agreement to reduce its debt by about half through $1.65 billion in gross proceeds. This mov...

Market News
Bullish
4 hours ago
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