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Global Crypto Card Payments Surpass $705.5 Million, Set Record for Fifth Straight Month

Global Crypto Card Payments Surpass $705.5 Million, Set Record for Fifth Straight Month

  • Global crypto card payment volume rose 12.2% from a month earlier to $705.5 million in July, marking a fifth straight month of growth.
  • RedotPay accounted for more than half the market with $382 million, followed by Ether.fi, Kast and Karta.
  • Use of cryptocurrencies in everyday payments is rising despite rangebound prices, signaling that on-chain liquidity is connecting with the real economy.

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Photo: Paymentscan
Photo: Paymentscan

Global cryptocurrency card payments rose to a record high even as the broader digital-asset market remained rangebound.

Data from Paymentscan showed global crypto card payment volume reached $705.5 million in July, up 12.2% from the previous month. The…

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