Avici Reports $41.33M in Spending Ahead of V3 Testing
Avici reports $41.33M in total spend volume, alongside $64.73M in total volume and $2.21M in value held. As of 16 October 2026, the company also reports annualized volume, based on 90 days, of $72.59M. These are company-reported figures, rather than an independent audit of user balances or card transactions.
The spending figure is about 63.8% of the reported total volume. That arithmetic describes the relationship between 2 published totals; it does not establish a monthly spending rate or the share of users who actively use the card. A cumulative total can keep rising even when recent activity slows. The annualized figure has a different time basis and cannot be treated as another amount already processed.
Avici is also preparing V3 testing around a more customizable interface for managing money. The early-testing group has an application route, while the broader direction includes giving existing stablecoin holders more uses for their funds. Lending and Trust Score remain ambitions, with lending having been deprioritized during rebuilding; they are not confirmed spending facilities available through V3 today.
For a cardholder, the operating totals provide context on how much activity Avici has handled, while the testing plans indicate where its product work is headed. Neither establishes that an account has a new borrowing limit or a different payment route. To evaluate subsequent progress, compare spending over matching periods and check which V3 functions have actually reached the account, rather than extrapolate cumulative growth into an assumption about current usage.
Sources: Avici's operating update, Avici co-founder Ram's full update.
