The United States is moving toward a clearer regulatory framework for crypto assets, but infrastructure—not just legislation—is increasingly shaping how digital assets are used at checkout. Data from Oobit, based on activity since its US launch in December 2025, indicates consumers are leaning into crypto for everyday purchases, while stablecoins dominate payment volume and major cryptocurrencies remain the primary funding source.
Key takeaways
- Everyday spend is rising: Oobit data shows restaurants, fast food and coffee, gas stations, and grocery stores together account for 53% of transactions, signaling broader retail adoption.
- Stablecoins lead payments: Stablecoins represent 64% of total payment volume, with USDT the largest share and USDC a distant second.
- Crypto funding remains split: Users largely deposit Bitcoin (44.7%), followed by XRP (14%) and Ethereum (13%), suggesting a store-of-value mindset paired with stablecoins for spending.
- State-level patterns differ: California, Florida, and Texas each contribute meaningfully to volume, with merchants and categories varying across states.
- Implication for the market: As payment infrastructure expands, the operational “last mile” for crypto commerce appears to be moving from speculative usage toward routine consumer spending.
What Oobit’s US payment data shows
Oobit’s findings point to a shift away from crypto being used primarily as an experimental payment method. According to the company, restaurants account for 16% of all transactions, while fast food and coffee purchases make up another 16%. Gas stations contribute 13%**, and grocery stores represent 8%, bringing food-and-fuel-related categories to more than half of total transaction activity.
Digital gaming platforms, meanwhile, show a different usage pattern. They represent 6% of transactions but account for 28% of payment volume, suggesting users in that segment spend more per transaction than shoppers making routine purchases.
Regional differences also appear in the dataset. In Florida, average transaction values are 38% higher than in California, and Oobit says spending is more concentrated in digital platforms.
Stablecoins dominate, but usage is not confined to a single token
Oobit’s US results differ from earlier European reporting cited by the company, where Tether’s USDT accounted for 92% of all crypto payments processed through its EU platform in a six-month report published in March 2025. In the US, the payment mix is more diversified.
Stablecoins make up the majority of payment volume at 64%. Within that category, Oobit reports USDT accounts for 42% of total payment volume and USDC for 22%. Ethereum, Solana, and Bitcoin collectively account for the remaining 36% of payment volume.
When measured by transaction count rather than volume, the distribution broadens further. Oobit says USDT represents 33% of payments, USDC 17%, Ethereum 19%, Solana 9%, and Bitcoin 12%. The company frames this as evidence that shoppers are using multiple digital assets for payments, even as stablecoins control the largest share of dollars transferred.
Deposits point to “hold crypto, spend stablecoins” behavior
Oobit’s data suggests funding behavior diverges from spending behavior. Users primarily deposit into their accounts using Bitcoin, which the company says accounts for 44.7% of deposits. XRP follows at 14%, and Ethereum at 13%.
The pattern implies that many users continue to treat major cryptocurrencies as a store of value, while stablecoins are used for everyday commerce—an approach that may reduce volatility risk during transactions.
Oobit’s observations align with broader industry projections cited in the article. McKinsey and Artemis estimates referenced by Oobit point to annual stablecoin payment volumes of roughly $390 billion, reflecting expectations for expanded use of dollar-pegged digital assets in payments and commerce.
Merchant activity is regional, and infrastructure expansion is ongoing
Oobit’s dataset also highlights differences across US states, though the company cautions that merchant preference at the state level remains too early for firm conclusions.
California accounts for 36% of total payment volume and shows the most diversified spending profile, spanning restaurants, groceries, retail, hotels, and digital services. Florida contributes 31% of volume, Oobit says, with higher average transaction values and a stronger focus on digital platforms. Texas makes up 10% of volume and displays an everyday-use profile concentrated in categories such as food, fuel, and coffee.
Beyond consumer behavior, Oobit points to platform growth since the US launch. The company says transaction volume on its network has increased 260% since launch, and users are averaging $804 in monthly spending. Oobit also noted that activity involving the DePay wallet is still at an early stage, with XRP and Solana showing higher transaction completion rates. It said Arbitrum was integrated only recently, making analysis premature, and that crypto-to-bank transfers have not yet recorded activity in the US.
In comments attributed to Amram Adar, Oobit’s CEO, the company said expanding its payment rails into New York is a major milestone. The broader message from Oobit is that while legislation sets regulatory guardrails, infrastructure determines which firms and users can complete crypto transactions at the point of sale.
Oobit also described a similar adoption pattern in Latin America, citing Brazil-specific growth of 202% since launch, with users averaging $400 per month in spending and transactions. There, everyday purchases dominate as grocery stores account for 35% of transactions, followed by restaurants (8.8%), department stores (5.3%), and fast-food outlets (4.1%).
Bigger picture for investors
Oobit’s data reinforces a key market theme for crypto payments: stablecoins appear to be the functional layer for day-to-day commerce, while major cryptocurrencies still play a larger role in account funding. If infrastructure continues to broaden the set of merchants that accept crypto at checkout, investors may see more stability in usage patterns—though token-level outcomes will likely remain sensitive to how payment rails, wallet integrations, and regulatory implementation evolve.
What to watch next is whether new infrastructure expansions translate into sustained merchant depth and transaction completion across states and wallet providers, as well as how upcoming regulatory milestones and broader macro conditions—particularly interest-rate expectations and payment rails’ operational reach—affect consumer adoption.
