Monthly spending on crypto payment cards has reached $759 million, according to fresh data from a16z crypto. The figure marks a jump from the niche-scale volume recorded in earlier periods. These cards let users spend cryptocurrency wherever traditional card networks are accepted; at the point of sale, the stablecoin is converted into local currency, so the transaction looks like an ordinary card payment to the merchant. As of July 31, RedotPay accounted for the vast majority of spending across card programs, while EtherFi, KAST and Karta have been gradually expanding their share since late 2025. a16z crypto also said cardholders don't need a traditional bank account: they can deposit stablecoins with the issuer or hold tokens in self-custody. That, the firm says, broadens access to dollar-denominated accounts for global users and gives stablecoin holders a convenient way to spend.
Monthly spending on crypto payment cards has climbed to $759 million, up from a small niche base, according to data from a16z crypto.
The cards let users pay with cryptocurrency at any merchant that accepts traditional card networks. At the point of sale, the stablecoin is converted into local currency, making the transaction look like an ordinary card purchase to the merchant.
Looking at purchase volumes by card program as of July 31, RedotPay has long accounted for the bulk of spending. EtherFi, KAST and Karta have been gaining share since late 2025.
a16z crypto said cardholders don't need a traditional bank account. They can deposit stablecoins with the card issuer or hold the tokens directly in self-custody. This setup broadens access to dollar-denominated accounts for users around the world and gives stablecoin holders a convenient way to spend, the firm noted.
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