Search results for KAST
Crypto
Stablecoin-linked card spending hits record $1.17 billion in September
Monthly payments made through stablecoin-linked cards rose to a record $1.17 billion in September, or about 1.6 trillion won. The total surpassed August even before September ended. Transaction volume fell to 11 million from 11.07 million in August, and active addresses also declined. Base accounted for the largest share of tracked on-chain spending. RedotPay led card programs by payment volume, while growth rates varied across issuers.
Crypto
Stablecoin payment card volume tops $1 billion in August, hits records for volume, transactions and users
Stablecoin-based crypto payment cards hit monthly records in August for transaction value, number of payments and users. Payment volume reached $1.076 billion, marking a second straight month above $1 billion. Payments totalled about 10.67 million and active addresses rose to more than 283,000. RedotPay led by value and transactions. Growth was notable in emerging markets, while activity remained concentrated in a few programs and the overall market stayed small.
Crypto
Crypto card daily spending hits record high as Visa network and regulatory overhaul drive growth
Daily spending on cryptocurrency payment cards hit a record $36.82 million on July 20. Data showed usage has roughly tripled over the past year even as major crypto prices moved sideways. KAST led daily card payments with $13.64 million, briefly overtaking Hong Kong stablecoin payments firm RedotPay, though the lead flipped back within 24 hours. Market participants cited regulatory clarity and Visa network access as key drivers, while some attributed the spike to KAST incentives.
