How Crypto Cards Bridge Digital Assets and Global Commerce

Authors: Patrick, Artemis

Compiled by: Felix, PANews

Crypto cards enable users to spend stablecoins and cryptocurrencies at traditional merchants and represent one of the fastest-growing segments in the digital payments space. Transaction volumes have surged from approximately $100 million per month at the start of 2023 to over $1.5 billion by the end of 2025, with a compound annual growth rate (CAGR) of 106%. On an annualized basis, this market is now worth over $18 billion, comparable to peer-to-peer (P2P) stablecoin transfers, which grew only 5% during the same period to reach $19 billion.

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Infrastructure. The crypto card ecosystem consists of three layers: payment networks (Visa, Mastercard), card program managers and issuers, and…

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