{"id":236483,"date":"2026-10-06T21:48:49","date_gmt":"2026-10-06T21:48:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=236483"},"modified":"2026-10-06T21:48:49","modified_gmt":"2026-10-06T21:48:49","slug":"crypto-card-payments-hit-record-12-5-billion-as-stablecoin-adoption-surges","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=236483","title":{"rendered":"Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges<\/a><\/p>\n

<\/div>\n

Payment volume processed on crypto cards has climbed to a record $12.5 billion, up 140% year-to-date, according to data from paymentscan.xyz<\/a>, first shared<\/a> by The Kobeissi Letter.<\/p>\n

The figure is also 247% higher than levels recorded in October 2025.<\/p>\n

The surge is being driven by growing use of stablecoins as a payment rail and a broader push for cheaper, faster cross-border transactions, The Kobeissi Letter said.<\/p>\n

\n

BREAKING: The total volume of payments processed on crypto cards has reached a record $12.5 billion, up +140% year-to-date.<\/p>\n

This also marks +247% growth compared to levels seen in October 2025.<\/p>\n

Continued adoption of stablecoins as a payment rail and the push toward cross-border\u2026 pic.twitter.com\/8AMiahkD0F<\/a><\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) October 6, 2026<\/a>\n<\/p><\/div>\n

QR-code payments are another bright spot: demand for QR-based spending helped push activated cards on Jupiter Spend, one of the largest on-chain card providers, up 55% quarter-over-quarter.<\/p>\n

\u201cCrypto cards are the next phase of crypto adoption,\u201d The Kobeissi Letter said.<\/p>\n

The figures come as major players move into the space of crypto cards. Fold Holdings (NASDAQ: FLD) announced<\/a> earlier this year that it had started issuing its Fold Bitcoin Credit Card to select waitlist members, with wider access rolling out in batches over the coming weeks and months.\u00a0<\/p>\n

The card runs on the Visa network, is powered by Stripe Issuing and is accepted at 175 million merchants. It offers a base rate of 1.5% back in bitcoin, rising to as much as 4% through behavior-based boosts and partner offers. Cardholders who pay their bill in bitcoin earn an extra 0.5% back.<\/p>\n

Aven has taken a different approach. Its Aven Bitcoin Visa Card, unveiled<\/a> at the Bitcoin Conference 2026 in Las Vegas, lets holders borrow up to $1 million against their bitcoin without selling it, with rates starting at 7.99% APR and repayment terms of up to 10 years.\u00a0<\/p>\n

Collateral is held by BitGo, while Coastal Community Bank issues the card.<\/p>\n

This post Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto cards has climbed to a record $12.5 billion, up 140% year-to-date, according to data from paymentscan.xyz, first shared by The Kobeissi Letter. The figure is also 247% higher than levels recorded in October 2025. The surge is […]<\/p>\n","protected":false},"author":0,"featured_media":236484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-236483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236483"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=236483"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/236483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/236484"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=236483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=236483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=236483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}