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. This growth is driven by the expanding use of stablecoins as a payment rail and demand for cheaper, faster cross-border transactions. Activated cards on Jupiter Spend rose 55% quarter-over-quarter, while QR-code payments are also gaining momentum. Fold Holdings launched its bitcoin credit card offering up to 4% bitcoin cashback, and Aven unveiled a card allowing users to borrow up to $1 million against their bitcoin without selling it.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
