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Crypto Card Spending Reaches $600 Million Monthly Volume as USDC Gains Share

The source says crypto card transaction volume has climbed to $600 million per month, with USDC increasing ground against USDT in payments activity.

USDT
USDC

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Terms & Concepts
  • USDC: A U.S. dollar-pegged stablecoin designed to maintain a 1:1 value with the dollar.
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether and widely used across crypto trading and payments.
  • Stablecoin: A cryptocurrency designed to track a reference asset, often the U.S. dollar, to reduce price volatility.