Solana Stablecoin Card Spending Smashes a Monthly Record
By Damilola Esebame
AI summary of the source article
Solana-settled stablecoin card payments reached a record $69.5 million in July 2026, driven by the KAST platform. Total crypto card spending across all chains hit $748.7 million that month, marking a 144.7% increase from a year earlier.
Why it matters
The composition of stablecoin spending matters because "it shows card activity is driven by real-world purchasing rather than by crypto price movements."
Key facts
- Solana-based stablecoin card spending hit a record $69.5 million in July 2026, with KAST processing $62.34 million.
- Crypto card spending across all chains reached $748.7 million in July 2026, up 144.7% year-over-year.
- USDC and USDT accounted for a combined 84% of total crypto card spending in July 2026.
Source excerpt · FinanceFeeds
Stablecoin-funded card payments settled on the Solana blockchain reached a record $69.5 million in July 2026, led by the KAST platform, which processed $62.34 million of that total, according to Bitrue citing on-chain data . Industry-wide crypto card spending across all chains hit $748.7 million the same month, a 144.7% increase from a year earlier, while a separate tally by CryptoBriefing placed…