I tracked 134,000 wallets & card users on chain movement
Interesting facts
9% (whales & businesses) drive 68% of volume
27% are everyday spenders, mostly $50/day on coffee & food
You can check it on OpenRate
Adding more interesting data soon
1/ Over the last few months,
I've been building OpenRate @OpenRatelive
A platform that tracks how stablecoins move through P2P markets, cards, neobanks, & other real-world payment rails.
I couldn't find the data I was looking for, so I built it
Link below, go check it out
Spent a lot of time to do a deep research on @Plasma
Can Plasma One survive its own rewards?
Cashback gets attention
XPL locks create retention
But if users farm rewards and dump $XPL, the whole thing becomes an expensive marketing campaign
Real business or launch hype?
Ready @ready_co just showed the real risk in crypto cards
Reportedly, cards outside the Eurozone were disabled within hours after a change in their card-issuing provider
That is the point:
Your wallet can be self-custodial
Your spending access still isn’t
Did a deep dive on stablecoins !!
The biggest insight:
Crypto cards are growing,
But new user growth is going down
Existing users are spending more
P2P is still the hidden giant of stablecoin movement, & probably stays that way
Full StableCoin Mid-Year Report 2026 below
NFTs died in 2021
but they might come back in 2026
NFTS won't just be JPEG
It’ll be a card you actually use
Spend with it
Unlock perks
Get status with it
Access communities
Earn rewards with it
NFTs might not come back as art
They’ll come back as financial memberships
What's your fav crypto card?
And be honest if another card offered 2x cashback, would you still use it?
Most people wouldn't !!
Cashback is rented attention
Distribution is the real MOAT 👇👇
Could you survive 30 days on just stablecoins?
I went down the rabbit hole on wallets, crypto cards, neobanks, backups, travel, subscriptions and rent
The funny part spending is not the real problem.
Getting stuck is
Article 👇👇