Visa continues to dominate the tracked crypto card payments market, processing approximately 99% of monthly payment volume routed through major card networks, according to data shared by a16z Crypto on X. The figures, sourced from Paymentscan.xyz, highlight Visa’s overwhelming lead over Mastercard in the niche but growing segment of crypto-funded card transactions.

Market Share Dynamics: Visa vs. Mastercard

Paymentscan.xyz data indicates that Mastercard’s share of crypto card payment volume briefly climbed to around 5% earlier this year, but retreated to roughly 1% by late July. This fluctuation suggests that while competition exists, Visa’s infrastructure and partnerships have solidified its position as the primary network for…