Search results for Kast
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.
Crypto
June crypto card top-ups surge, bucking broader trading slump
Weekly top-ups for crypto cards hit a June peak, even as broader crypto trading sentiment remains subdued. Ten crypto-based projects reached highs in usage and transaction volume in June, and the top five set new usage records in early July. Growth is linked to wider stablecoin use and fintech integration, though some warn aggressive rewards and airdrop promises may be inflating demand. Regulatory scrutiny and custody structures remain key risks.
