Stablecoin-powered card spending crossed $10B in cumulative deposits by July 1, up 82% YTD. Monthly volumes hit $833M in May, with Jupiter Mobile reporting 65% user growth.
Alpha Score of 68 reflects moderate overall profile with moderate momentum, moderate value, strong quality, strong sentiment.
Crypto card deposits crossed $10 billion in cumulative volume for the first time around July 1, 2026. That is up 82% year-to-date and roughly 250% from the same point last year, according to Paymentscan data highlighted by Blockchain Center.
The figure covers deposits into card-linked accounts, not speculative trading flows. Monthly on-chain card volumes hit $607 million in March 2026 and climbed to $833 million in May. Annualized from early 2026 data, spending was tracking toward an $18 billion run rate.
Jupiter Mobile, a Solana-based platform, reported a 65% month-over-month increase in new card users as of July 2026, with coverage across more than 60 countries. The launch of Open USD, a new USD-pegged stablecoin introduced around the same time, added further activity to an ecosystem already accelerating.
The growth comes from stablecoin-linked cards, not Bitcoin volatility plays or altcoin speculation, Blockchain Center said. Stablecoins function as digital dollars: same value, faster settlement, lower friction for cross-border transfers. For the merchant, the transaction looks identical to a traditional card swipe. For the user, settlement is faster and fees are often lower.
Stablecoin-backed cards also sidestep the tax headache of spending appreciating assets, a friction that plagued earlier crypto payment attempts. Visa and Mastercard have both established partnerships within the crypto card ecosystem, meaning these transactions run on rails merchants already accept.
Mastercard, which has partnerships in the space, carries an Alpha Score of 68 out of 100, with a Moderate label in the Financials sector. The score reflects the company's exposure to the trend without overstating its near-term earnings impact.
For stablecoin issuers, the payment volume data is the strongest argument for their product. A system generating billions in monthly consumer spending shifts regulatory conversations from abstract risk to concrete utility. Jupiter Mobile's 65% monthly user growth across 60 countries and the $18 billion annualized run rate suggested by early 2026 data represent a payment category that can no longer be dismissed as experimental.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.