CoinZoom’s Crypto Debit Card Spending Surges, Cardholders Use Rewards to Offset Gas and Grocery Costs
Salt Lake City, Utah, USA, August 6th, 2026, Chainwire
Gas has been above $4 a gallon nationally since April. Grocery prices remain 23% higher than three years ago, and the average credit card interest rate has topped 20% for the better part of two years.
Against that backdrop, CoinZoom, a leading global fintech and payments platform, reported growth in a product that addresses the squeeze directly.
Card transactions grew at a similar rate, with the average number of transactions per active cardholder roughly tripled over the same period. On average, each CoinZoom debit card user earned $150 a month in the first half of 2026 in rewards on their card spending.
The company says the growth reflects a consumer calculation that is straightforward in a high-inflation environment: a card that returns meaningful rewards on ordinary spending is worth switching to.
“At 5% back, a family spending $2,000 a month on everyday purchases earns up to $100 in rewards,” said Todd Crosland, CoinZoom’s founder and CEO. “At today’s gas prices, that covers roughly two full tanks. For most households, that’s a real number.”
The card’s growth comes as Americans are paying materially more for basic goods than they were several years ago. The Bureau of Labor Statistics reports that consumer prices for food at home rose roughly 23% between 2022 and 2025. Gas, which crossed $4 nationally in April for the first time since 2022, is averaging $4.09 per gallon this week, according to the American Automobile Association, a 30% increase from the same week last year.
Traditional debit cards, held by most American households, generally offer no rewards on spending. Rewards credit cards offer cashback and points programs, but the average credit card interest rate now exceeds 20%, which consumer advocates note typically erases rewards value for users who carry a balance month to month.
CoinZoom’s debit card growth is part of a wider movement toward stablecoin-funded debit cards that has accelerated significantly in 2026. Monthly payment volume on crypto-linked cards climbed from $233 million in May 2025 to $614 million in May 2026 industrywide, according to Paymentscan, a data and analytics firm, a 163% increase in twelve months. Cumulatively, tracked payment volume on such cards has reached nearly $8.2 billion.
“People are looking for ways to make their money go a little further at the end of the month,” added Crosland. “If a debit card can help fill the gap with an extra tank of gas or stretch far enough for a few everyday treats for your family, that’s meaningful. That’s what we’re here to do.”
About CoinZoom
CoinZoom is a US-based financial platform enabling anyone to send, spend, save, and invest without barriers. To support the benefits of blockchain technology, CoinZoom offers flexible funding options including Apple and Google Pay, debit and credit cards, and instant cash deposits at multiple retail locations in the US. Its unique international peer-to-peer payment system, ZoomMe, is part of its cash-to-crypto ecosystem for its customers in 169 countries, allowing them to deposit and send cash or crypto, around the globe instantly for free – saving millions of dollars in remittance fees. The CoinZoom Crypto Debit card provides flexibility in spending by allowing users to spend USD or crypto at over 175M merchants globally while earning up to 5% back in crypto on each purchase. The CoinZoom platform was built with a multi-layered security approach, and the team’s decades of experience in financial technology security are equally important in safeguarding customer funds and personal information. CoinZoom is a U.S. registered Money Services Business with FinCen and holds a SOC2 Type II Certification, which is highly regarded as the most rigorous test for best practices and diligence around securing customer data. CoinZoom is also a U.S. registered Money Transmitter, and has subsidiaries in Australia, Latvia, Ireland, and Bermuda. CoinZoom Australia PTY LTD is registered as a Digital Currency Exchange with AUSTRAC.