Crypto card payment volume hits record 12.5 billion dollars
Crypto card payments have reached a record high of 12.5 billion dollars as stablecoins gain traction for international transactions.
FTMQ Crypto, written by our newsroom0 views
Payment volume processed on cryptocurrency cards reached a record 12.5 billion dollars after rising 140 percent year-to-date, Bitcoin Magazine reported. Bitcoin Magazine said the figure represents a 247 percent increase compared to levels recorded in October 2025. [1]
Bitcoin Magazine cited data from paymentscan.xyz, which was first shared by The Kobeissi Letter. The growth in card volume is being driven by the expanding adoption of stablecoins as a payment rail and demand for faster, lower-cost cross-border payments, according to The Kobeissi Letter. [1]
Cryptocurrencies are digital assets that use distributed ledger or blockchain technology to facilitate secure transactions. Tether Limited, which was founded in 2014, issues USDT, the largest stablecoin by market capitalization. [6][7]
In separate industry developments, cross-border payments company Conduit filed a lawsuit against Tether on October 5 in the United States District Court for the Southern District of New York, Decrypt reported. Decrypt said Conduit claims Tether froze 2.76 million dollars of its funds without justification in September 2025. [2]
In short
- Crypto card payment volume reached a record $12.5 billion.
- Card volume is up 140 percent year-to-date and 247 percent higher than in October 2025.
- The growth is driven by stablecoin usage as a payment rail.
- Conduit filed a lawsuit against Tether over a $2.76 million wallet freeze.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption SurgesBitcoin Magazine Markets, 3h ago (the report this story comes from)
- [2]Tether Hit With Lawsuit Over $2.76 Million Stablecoin FreezeDecrypt, 5h ago
- [3]Binance: September Crypto Market Cap Hits RecordBlockchain News, 1d ago
- [4]Ripple Targets Turkey's $200 Billion Crypto Market Amid Lira PressureCryptonews.net, 19h ago
- [5]Ripple Targets Turkey's $200 Billion Crypto Market Amid Lira PressureBitcoin News, 1d ago
Background
- [6]Cryptocurrency on Wikipedia
- [7]Tether Limited on Wikipedia
- [8]Billion on Wikipedia
Our newsroom writes these reports with the help of software, from the 8 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
Related from FTMQ Crypto
Earlier reports of ours on the same people and subjects.
- Conduit sues Tether in New York over frozen 2.76 million USDTTop Stories, 1h ago
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