Salt Lake City, Utah, April 16, 2026, Chainwire
Deposits on the exchange are up 308%, and spending on the CoinZoom Visa debit card is up 300% since October 2025.
Queensomea US-based fintech platform announced today that the first quarter of 2026 set company records for trading revenue, total revenue and platform deposits.
With a weak trading market across major exchanges, CoinZoom has stood out by maintaining growth across its business.
The platform’s deposits grew by 308% between October 2025 and March 2026, reaching an all-time high. Spending on the CoinZoom Visa debit card increased by 300% during the same period. Trading revenue and total revenue reached their highest levels on record in March.
“The first quarter numbers reflect what we have been building toward,” said Todd Crosland, CEO of CoinZoom. “Having deposits, trading revenue and total revenue all reach record levels in the same month is a meaningful milestone for us. Equally encouraging is the shift in how new users are finding CoinZoom – when half of new signups come through referrals, it says something real about how the platform is reaching existing users.”
With the volume of stablecoins growing alongside the rush of new stablecoin debit cards post the Genius Act, market innovation is now at the forefront. CoinZoom has been one of the leaders in spending on stablecoins and cryptocurrencies. The company launched its Visa cryptocurrency debit card in 2020 in the US and took it global in 2024, offering free crypto rewards on spending in more than 150 countries.
The debit card program has seen significant growth, with its user base increasing by 87% in 2025. Total spending on the card rose fourfold year over year through February 2026. Debit card users use cryptocurrency for a wide range of transactions, including purchases such as airline tickets, school fees, and everyday expenses such as groceries.
Referral signups increased from approximately 9% of new users in October 2025 to 50% in March 2026 – a shift that demonstrates true adoption, rapid organic growth, and regular use of the platform’s services.
“We enter the second quarter with some strong tailwinds,” Crosland added. “The foundation of the business is solid, and we are focused on continued growth and innovation.” “The momentum of stablecoins, agent AI payments and ‘super apps’ is very exciting for further growth in 2026.”
About CoinZoom
Queensome It is a US-based financial platform that enables anyone to send, spend, save and invest without barriers. To support the benefits of blockchain technology, CoinZoom offers flexible financing options including Apple and Google Pay, debit and credit cards, and instant cash deposits at multiple retail locations in the US. The 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 cryptocurrencies, around the world instantly for free – saving millions of dollars in transfer fees. The CoinZoom Crypto Debit Card provides spending flexibility by allowing users to spend in USD or cryptocurrencies at over 175 million merchants worldwide while earning up to 5% back in crypto on each purchase. The CoinZoom platform was built using a multi-layered security approach, and the team’s decades of experience in fintech security are equally important in protecting customer funds and personal information. CoinZoom is a financial services company registered in the US with FinCen and is SOC2 Type II certified, which is highly regarded as the most stringent test of the credibility of a company’s operations, best practices, and diligence in securing customer data. CoinZoom is also a US-registered money transfer company, available for trading in 46 states and with branches in Australia and Ireland. CoinZoom Australia PTY LTD is registered as a cryptocurrency exchange with AUSTRAC.
communication
Public relations and communications
Adrian Blackett
Queensome
(email protected)
Disclaimer: This is a sponsored press release and is for informational purposes only. They do not reflect the opinions of Crypto Daily, and are not intended to be used as legal, tax, investment, or financial advice.
