Crypto Card Purchases Set New $1 Billion Monthly Record

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Crypto card purchases surpassed $1 billion in a single month, setting a new record. This surge reflects rising consumer use of cryptocurrencies for everyday transactions and broader merchant and card-provider adoption. For Bitcoin, greater card-based spending increases fiat-crypto on- and off-ramps and liquidity, which can support demand and wider network usage beyond purely speculative trading. The trend also raises the likelihood of increased regulatory scrutiny and compliance costs that could influence future adoption dynamics.

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