Crypto Card Payments Surge to $1.5B Monthly in 2025 as Stablecoins Dominate

Crypto cards have cemented their role in global payments, with monthly volumes hitting $1.5 billion in 2025—a 15-fold increase from 2023's $100 million baseline. The sector's 106% annual growth reflects both mainstream adoption and technological maturation, overcoming early regulatory hurdles that stalled previous iterations.

VISA now processes over 90% of crypto card transactions through legacy partnerships with infrastructure providers. The payments giant's network dominance stems from early mover advantage, leveraging program managers to handle banking settlements while consumer-facing apps bridge crypto wallets with traditional finance rails.

Stablecoins emerged as the killer app for crypto cards, accounting for $18 billion in annual payments—nearly matching P2P stablecoin volumes. While early cards experimented with volatile tokens, dollar-pegged alternatives proved essential for predictable transactions. This shift mirrors broader industry trends toward stability in payment infrastructure.