The Solana-based platform's USDC-backed Visa card helped push monthly stablecoin card volume past $1 billion for the first time, with over 10 million purchases recorded. Stablecoin card spending crossed the billion-dollar threshold in July for the first time, reaching $1.03 billion across the industry. On the stablecoin side, USDT accounts for approximately 62.5% of settled stablecoin card volume, with USDC filling in much of the remainder. Beyond trading: stablecoins as spending moneyThe $1.03 billion in card spending represents a meaningful decoupling of stablecoin usage from speculative activity. Crossing the billion-dollar monthly mark puts the stablecoin card segment on pace for over $12 billion in annualized spending.