Crypto card spending nears $759 million in July as stablecoins move into daily payments and AI agent commerce
Stablecoins are gaining ground in both consumer payments and machine-to-machine commerce, according to data cited by Blockcast. Paymentscan said crypto card spending within its tracked universe reached about $759 million in July, up more than threefold from a year earlier, with monthly transaction count topping 10 million. USDC accounted for about 50.8% of July volume and USDT for 20.3%, putting the two dollar-backed tokens above 70% combined. The spending mix is also shifting toward everyday use. Data cited for Brazil and Argentina showed activity in groceries, food purchases, ride-hailing, delivery, restaurants and online subscriptions. Visa said in June that more than 160 stablecoin-linked card programs are already live or in development globally, while StraitsX reported sharp growth in infrastructure volume and faster expansion in lower-GDP markets. A second payments market is also taking shape around AI agents. Coinbase said its x402 protocol has processed more than 165 million payments worth about $50 million in total, and Coinbase AI product lead Lincoln Murr estimated roughly 99% of those payments used USDC. The report said stablecoins are finding a niche in high-frequency, low-value transactions such as API access, data, AI inference and compute, while card networks remain more suited to larger purchases, refunds, disputes and credit-based spending.








