According to CoinMeta, data shows that in July, the consumption amount of crypto cards more than tripled year-on-year, reaching $1.04 billion. Approximately 70% of over 10 million transactions were paid with stablecoins backed by the US dollar, among which USDC accounted for 50.8%, and USDT accounted for 20.3%. The monthly transaction volume rose to $306 million, and the average payment amount per transaction increased from $59 to about $86. User consumption scenarios have expanded to include daily expenses such as groceries, ride-hailing, food delivery, dining, and online subscriptions. In June, Visa revealed that there were over 160 stablecoin-linked card projects launched or in development globally. Data indicates that Redotpay, Etherfi, and Kast together account for about 77% of the total tracked amount. The market is still relatively concentrated among these. In July, the transaction volume for Redotpay was $395.1 million, for Etherfi it was $100.3 million, and for Kast it was $89.6 million.