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Cryptocurrency Card Payment Volumes More Than Double in a Year

Cumulative volumes reached $7.8 billion as of Wednesday. Monthly volumes rose from $271 million in May 2025 to $656 million in May 2026.

Benzinga
1 source·May 28, 9:53 AM(1 day ago)·1m read
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Cryptocurrency Card Payment Volumes More Than Double in a Yearmedium.com
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Cumulative cryptocurrency card payment volumes reached $7.8 billion as of Wednesday, according to data from on-chain analytics firm Paymentscan. Monthly volumes more than doubled over the period, rising from $271 million in May 2025 to $656 million in May 2026.

Tether accounted for 72 percent of total payment volume. USDC represented roughly 18 percent of the same total.

Visa processed over 90 percent of the reported volume.

Mastercard held the next largest share among tracked networks.

Key Facts

$7.8 billion
cumulative card payment volume as of Wednesday
$271 million to $656 million
monthly volume change from May 2025 to May 2026
72 percent
share settled in Tether
Over 90 percent
Visa share of reported volume

Story Timeline

3 events
  1. May 2025

    Monthly card payment volume stood at $271 million.

    1 sourceBenzinga
  2. May 2026

    Monthly card payment volume reached $656 million.

    1 sourceBenzinga
  3. Wednesday

    Cumulative volume totaled $7.8 billion.

    1 sourceBenzinga

Potential Impact

  1. 01

    Higher reported volumes may increase demand for stablecoin reserves held by issuers.

Transparency Panel

Sources cross-referenced1
Confidence score65%
Synthesized bySubstrate AI
Word count84 words
PublishedMay 28, 2026, 9:53 AM
Bias signals removed2 across 1 outlet
Signal Breakdown
Loaded 1Editorializing 1

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