ME News reports that, as of October 28 (UTC+8), data from paymentscan.xyz indicates a slowdown in monthly cryptocurrency card transaction volumes after a period of consecutive growth. Total transactions for September reached approximately $1.231 billion, setting a阶段性 high; as of now in October, cumulative transactions stand at around $1.15–1.2 billion, making it unlikely that the full-month total will see month-over-month growth.
Among them, leading projects such as RedotPay, EtherFi, and KAST all experienced month-over-month declines in October. According to data from approximately 30 card projects tracked, the cumulative transaction volume of crypto cards has reached $13.69 billion, but recent monthly growth momentum has weakened. (Source: ChainCatcher)
Crypto Card Payment Monthly Transaction Volume Slows in October
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Summary
Crypto card payment transaction volume slowed in October, according to MetaEra and data from paymentscan.xyz. September’s total transaction volume reached $1.231 billion, a record high. October’s cumulative volume to date is approximately $11.5–12 billion, likely missing a month-over-month increase. RedotPay, EtherFi, and KAST all experienced declines. Tracking 30 card projects shows total transaction volume at $13.69 billion, but growth has weakened.
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