Kulipa Monthly Volumes

SPENDS ONLY
Kulipa Issuer Metrics: monthly data from Nov 2024 to Nov 2026 (25 months). Total volume $68.37M.
MonthVolume (USD)TransactionsActive Addresses
Nov 2024$16.73K25750
Dec 2024$42.06K48761
Jan 2025$42.25K54662
Feb 2025$40.45K55561
Mar 2025$89.18K920101
Apr 2025$284.5K2,595222
May 2025$420.1K2,934304
Jun 2025$553K3,717424
Jul 2025$972.7K5,584649
Aug 2025$1.366M9,1251,084
Sep 2025$2.184M14,1181,739
Oct 2025$3.333M22,5702,457
Nov 2025$5.318M34,2993,648
Dec 2025$7.632M65,5595,953
Jan 2026$9.001M118,7728,692
Feb 2026$7.819M70,7037,937
Mar 2026$8.785M76,9377,413
Apr 2026$7.994M68,8906,692
May 2026$6.505M62,3346,388
Jun 2026$4.138M38,5645,243
Jul 2026$1.838M15,2111,087
Aug 2026$000
Sep 2026$000
Oct 2026$000
Nov 2026$000

About Kulipa

Kulipa was a Paris-based white-label stablecoin card issuer, founded in 2023, that ceased operations on 29 July 2026. Its infrastructure went live in February 2025 and reached roughly 20 clients and 120,000 cards across the EU, Argentina and Nigeria.

Issuing and networks

Kulipa issued USD Mastercard cards through Monavate as a BIN sponsor. On 29 December 2025 the Bank of Lithuania ordered UAB Monavate to stop servicing Kulipa. Kulipa closed a USD 6.2m seed round on 1 April 2026, then on 16 June moved to an EEA-only issuer, cutting off non-EEA cardholders.

Settlement and currencies

Settlement was onchain on Solana and Starknet. Cards were USD only.