{"id":52643,"date":"2026-10-06T21:48:49","date_gmt":"2026-10-06T21:48:49","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=52643"},"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:\/\/cryptomag.finance\/?p=52643","title":{"rendered":"Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges"},"content":{"rendered":"<p><a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><br \/>\n<img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/10\/Pics-2.jpg\" \/><br \/>\n<a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/crypto-card-payments-hit-record-12-billion\">Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Payment volume processed on crypto cards has climbed to a record $12.5 billion, up 140% year-to-date, according to data from <a href=\"http:\/\/paymentscan.xyz\/\" target=\"_blank\" rel=\"noopener\">paymentscan.xyz<\/a>, first <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2107501385495277743\">shared<\/a> by The Kobeissi Letter.<\/p>\n<p class=\"wp-block-paragraph\">The figure is also 247% higher than levels recorded in October 2025.<\/p>\n<p class=\"wp-block-paragraph\">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<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: The total volume of payments processed on crypto cards has reached a record $12.5 billion, up +140% year-to-date.<\/p>\n<p>This also marks +247% growth compared to levels seen in October 2025.<\/p>\n<p>Continued adoption of stablecoins as a payment rail and the push toward cross-border\u2026 <a href=\"https:\/\/t.co\/8AMiahkD0F\">pic.twitter.com\/8AMiahkD0F<\/a><\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2107501385495277743?ref_src=twsrc%5Etfw\">October 6, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">\u201cCrypto cards are the next phase of crypto adoption,\u201d The Kobeissi Letter said.<\/p>\n<p class=\"wp-block-paragraph\">The figures come as major players move into the space of crypto cards. Fold Holdings (NASDAQ: FLD) <a href=\"https:\/\/bitcoinmagazine.com\/news\/fold-launches-bitcoin-credit-card\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">Aven has taken a different approach. Its Aven Bitcoin Visa Card, <a href=\"https:\/\/bitcoinmagazine.com\/news\/aven-launches-bitcoin-backed-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<p class=\"wp-block-paragraph\">Collateral is held by BitGo, while Coastal Community Bank issues the card.<\/p>\n<p>This post <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/crypto-card-payments-hit-record-12-billion\">Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges<\/a> first appeared on <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/authors\/mathewdisalvo\">Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52632,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-52643","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=52643\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=52643\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-06T21:48:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/10\/Pics-2.jpg\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges\",\"datePublished\":\"2026-10-06T21:48:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643\"},\"wordCount\":350,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Pics-2-AxQY3g.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=52643\",\"name\":\"Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges - 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