USDC and USDT account for 84% of crypto card spending, according to reporting originally published by BeInCrypto. The figure points to a strong concentration of spending activity in the two largest U.S. dollar-linked stablecoins, while euro-denominated usage has retreated.
Crypto cards generally allow users to spend digital assets through card-payment networks, with transactions converted for merchants at the point of sale. USDC is issued by Circle and USDT is issued by Tether; both are stablecoins designed to track the value of the U.S. dollar rather than move like more volatile cryptocurrencies.
The reported shift highlights the dominant role of dollar-based stablecoins in day-to-day crypto payment activity. A retreat in euro use suggests that euro-linked digital assets are playing a smaller role in this segment, even as stablecoins remain an important bridge between crypto platforms and conventional payment systems. The concentration also underscores how crypto spending patterns can be shaped by the currencies users choose to hold before making purchases.
