Solana’s monthly stablecoin card spending hits record $141 million in October

Crypto card spending on Solana set a new monthly high, extending a run of records driven by stablecoins, issuer rewards and cheap transactions Solana just had its biggest month yet for stablecoin spending in the real world. Crypto card spending funded by stablecoins on the network hit a record $141 million in October. October’s figure tops a strong September. According to on-chain data tracked by Paymentscan, Solana’s stablecoin-linked card volumes reached $113.9 million that month. A year earlier, the same metric was $19.7 million. That works out to a 478% year-over-year increase. October then went higher still.

Source: Crypto Briefing