Crypto payment card spending reached $705.5 million in July, according to figures disclosed by Coin Bureau. The total was up 12.2% from June and set a new record high for the category. The July reading also marked the fifth straight month of growth, extending the recent upward run in spending through crypto-linked cards. No additional breakdown was provided in the brief update, but the headline figures point to continued expansion in monthly usage.
Crypto payment card spending reached $705.5 million in July, according to Coin Bureau.
The figure was up 12.2% from June, set a record high, and marked the fifth consecutive month of growth.
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