Crypto Card Transactions Reach $600 Million in March
- Monthly transaction volume via crypto cards surpassed $600 million in March.
- RedotPay led with approximately $391 million in transactions.
- Crypto card usage tripled compared to March of the previous year.
- Total operations reached around 2.76 million, with RedotPay having over 144,000 active addresses.
- USDT remains the primary currency, but USDC is gaining popularity among users.
The surge in crypto card transactions reflects growing acceptance of cryptocurrency-linked debit and prepaid cards for everyday purchases. Notably, RedotPay’s dominance in transaction volume showcases its significant market presence amidst increasing competition from other platforms.
In March, crypto card transactions exceeded $600 million, driven by a tripling of usage compared to last year and led by RedotPay’s $391 million transactions.(Source)
