Stablecoin Card Monthly Spending Surpasses $750 Million, Payment Applications Expand Further

According to Coin Bureau citing a16z data, the monthly spending volume of stablecoin cards has exceeded $750 million, indicating that cryptocurrency payment cards are further entering mainstream payment scenarios. Users can currently use stablecoins to pay at merchants covered by traditional bank card acceptance networks, with automatic conversion to local fiat currency at checkout to complete the transaction.