Stablecoins Power Everyday Spending

SingaporeCrypto card spending tripled to $1.04 billion.

Dollar-backed stablecoins now fund 70% of these purchases, Paymentscan data show.

Transaction value in lower-income regions rose 600% since early 2025, StraitsX reports, letting users hold dollars without a bank account.

August data, still incomplete, will show whether the pace holds.

Sources: CoinDesk