The Kobeissi Letter drew attention to a significant spike in cryptocurrency card deposits, connecting the jump to growing stablecoin adoption.

Crypto card deposits hit $10B for the first time, up 82% YTD and 250% year-over-year, driven by stablecoin adoption and global card platform growth.

The Kobeissi Letter drew attention to a significant spike in cryptocurrency card deposits, connecting the jump to growing stablecoin adoption.