Mar 27, 2025

Never invest unless you're prepared to lose all the money you invest. Salt Lake City, Utah, March 27th, 2025, Chainwire Cryptocurrency is evolving beyond just holding or trading—it's increasingly being used as everyday money, as shown by the latest data from CoinZoom. They are a Utah-based fintech with a “cash to crypto” platform that offers a crypto debit card, free instant international P2P, and crypto trading. With thousands of customers using the CoinZoom Visa debit card across 50 countries, the data shows something remarkable: 51.5% of all CoinZoom Visa transactions are completed using crypto directly from users' wallets. Tether (USDT) is the #1 spending cryptocurrency, followed by Bitcoin (BTC). That's a significant shift in consumer behavior – and a clear sign that crypto is breaking through as a true medium of exchange, not just a speculative asset. From Coffee to Cross-Border Payments: Crypto is Being Spent Everywhere Everyday purchases like coffee, transportation, and groceries are now being made in crypto. And it's not just the big names. While USDT and BTC dominate, other top-spending cryptocurrencies this year include XRP and Litecoin (LTC) – showing just how broad and flexible people are in choosing what to spend. In fact, CoinZoom users have tapped into an impressive mix of coins in their wallets to make purchases. Top Cryptocurrencies Spent: BTC | ETH | USDT | XLM | LTC | PEPE | DOGE | HNT | XRP | USDC | SOL | HBAR | SHIB | UNI | AVAX | AAVE | TRX | TUSD | MATIC | LINK | ADA | TRUMP | XTZ | EOS This usage signals that customers are making informed choices about which currencies to spend, depending on transaction type, timing, or market conditions. In many cases, they're even spending small “dust” balances — using every coin in their wallet to their advantage. Whether it's micro-transactions under $10 or major purchases like flights and electronics, crypto is being used globally as real spending power. Todd Crosland, CEO and Co-Founder of CoinZoom, said, “This data really questions the contention that crypto has no role as a ‘means of exchange'. Our customers have demonstrated month on month that having a ‘blended wallet' with both cash and crypto gives them real power and choice. Since we launched our metal card for our Black Account holders, they have been getting over $300 a month in free crypto rewards, so this is a win, win, win for the future of payments.” About CoinZoom CoinZoom is a U.S.-based financial platform enabling users worldwide to send, spend, save, and invest seamlessly. As a U.S.-registered Money Services Business and Money Transmitter, CoinZoom is available in 45 states and operates with a SOC2 Type II Certification, recognized for stringent security standards. With diverse funding options like Apple Pay, Google Pay, debit and credit cards, wire transfers, ACH, and instant cash deposits at multiple U.S. retail locations, CoinZoom bridges traditional and digital finance. Its global peer-to-peer payment system, ZoomMe, allows users in 169 countries to send cash or crypto instantly and fee-free, offering significant savings on remittance fees. The CoinZoom Crypto Debit Card provides unparalleled spending flexibility, allowing users to transact in USD or crypto at over 130 million merchants globally while earning up to 5% in crypto rewards. CoinZoom also has subsidiaries in Australia and Ireland and is pending registration as a Virtual Asset Service Provider (VASP) in Lithuania. CoinZoom: www.coinzoom.com Twitter, LinkedIn Contact Marketing & Communications Adrianne Blackett CoinZoom [email protected] Source: https://finbold.com/coinzoom-reports-over-50-of-coinzoom-visa-debit-card-purchases-are-made-in-crypto-across-50-countries/