stable coins
By Bruce Buterin
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How Crypto Cards Actually Work at the Register. Crypto cards operate pretty much like standard debit or credit cards.
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Stablecoins at the Center of the Shift. The 70%-plus share held by USDC and USDT isn't just a fun statistic.
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Regulatory Clouds Haven't Cleared Yet. Not everything is straightforward. Regulatory frameworks around stablecoins remain murky in most…
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Crypto card spending just crossed $1 billion. Over the past year, tracked spending on these cards has more than tripled — a number that's hard to ignore even for skeptics who've…
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Stablecoins are doing most of the heavy lifting here. USDC and USDT together account for over 70% of all crypto card transactions, which makes sense when you think about it.
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Crypto cards operate pretty much like standard debit or credit cards. You tap or swipe, the merchant gets paid, and the conversion happens behind the scenes — or in many cases,…
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That seamless process matters. A lot of early crypto payment products failed because the friction was too high — too many steps, too many fees, too much waiting.
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It's worth pausing on how fast this moved. More than tripling in a single year isn't normal growth. That's a market that's kind of breaking open, not slowly expanding.
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The 70%-plus share held by USDC and USDT isn't just a fun statistic. It tells you something about what consumers actually want from crypto payments.
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Adoption across payments has grown sharply in recent years, and a lot of that momentum is concentrated in regions where access to stable local currencies is uneven or where…
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Read also: Nigeria’s SEC Proposes ₦2 Billion Capital Requirement for Crypto Exchanges
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Merchants are adapting too, slowly. Businesses that accept crypto card payments don't always know that's what they're accepting — the card network handles it on the backend.
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Not everything is straightforward. Regulatory frameworks around stablecoins remain murky in most major markets, and that's a real variable hanging over the whole space.
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For consumers and merchants, that ambiguity creates some uncertainty. It's unclear how future rules might affect the way stablecoin-funded cards operate, whether issuers will…
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The market for crypto cards is still pretty early-stage, honestly. A billion dollars sounds big, but it's a fraction of global card spending.
The Currency Analytics
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