Crypto payment card spending reached $705.5 million in July, setting a new all-time high, according to Coin Bureau as cited by Odaily. The figure was up 12.2% from June. July also marked the fifth consecutive month of growth in spending through crypto payment cards. The update points to a continued rise in monthly card transaction volume, based on the figures provided in the report. No additional breakdown by region, card issuer, or asset type was disclosed in the source brief.
Crypto payment card spending totaled $705.5 million in July, up 12.2% from June and setting a record high, according to Coin Bureau in a brief cited by Odaily.
The July figure extended the growth streak to five consecutive months.
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