Crypto Card Spending More Than Doubles To $759 Million

Crypto Card Spending More Than Doubles To $759 Million CryptoProwl Tue, August 18, 2026 at 4:57 PM GMT+2 1 min read COIN BTC USDC GEMI CRCL Crypto Card Spending More Than Doubles To $759 Million Payments on cryptocurrency-focused cards has more than doubled from a year earlier to reach $759 million U. S. in July.

Spending on crypto cards increased 2. 5 times in July from a year earlier supported by nearly nine million purchases settledthrough dollar-backed stablecoins, according to venture capital firm Andreessen Horowitz. The monthly amount being spent on crypto cards has risen from less than $1 million U.

S. in October 2023 to more than three-quarters of a billion dollars today. More From Cryptoprowl: MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times Polymarket Hires Former Uber Executive To Lead Growth Initiative Hyperliquid Turns to CFTC for Path Into U.

S. Perpetual Futures Market Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins MEXC's August 2026 Proof of Reserves Confirms User Assets Fully Backed as Reserve Ratios Remain Above 100% Card purchase counts have climbed higher alongside spendinglevels, reaching nearly nine million in July from 5. 2 million during the same month of 2025, notes Andreessen Horowitz.

Crypto card payments let people spend digital assets such asBitcoin (CRYPTO: $BTC) or Circle's (NYSE: $CRCL) USDC stablecoin (CRYPTO: $USDC) at standard merchants. The card companies instantly change crypto into local government money at checkout. Top issuers of cryptocurrency cards include Coinbase Global (NASDAQ: $COIN) and Gemini (NASDAQ: $GEMI).

The data shows that consumers are getting more comfortable making payments in cryptocurrencies using debit and credit cards, concludes Andreessen Horowitz.