Crypto-Linked Payment Cards Experience Surge in Transaction Volume

The rise of crypto-linked debit and credit cards has led to a substantial increase in transaction volumes. Market research indicates that the cumulative volume on these cards has surpassed $7.8 billion, marking a 230% surge from last year's numbers.

The proliferation of stablecoins as a payment rail through crypto cards is driving this growth. Stablecoins allow users to spend digital assets like fiat currency, further fueling adoption.

Visa is capturing approximately 90% of crypto card transactions through partnerships with onchain native companies like Jupiter Global.