Crypto-Linked Payment Card Volume Surges 230% Since May 2025
Summary
Monthly transaction volume on crypto-linked debit and credit cards has surged 230% compared to the previous year, reaching a cumulative total of $7.8 billion. Analysts from The Kobeissi Letter attribute this rapid growth to the increased accessibility of stablecoins as a payment rail, allowing users to spend digital assets similarly to fiat currency. Visa currently dominates this sector, processing roughly 90% of these transactions. Furthermore, the integration of crypto cards into daily life is evident, with data from OKX showing that groceries and dining are among the top spending categories for cardholders, signaling a shift toward crypto as a practical medium of exchange rather than just a speculative asset.
(Source:Cointelegraph)