Crypto
Visa-led crypto card payments surge 230 percent year on year
Crypto card payments are growing rapidly, reshaping competition in the global payments industry. Onchain-based crypto card payments recently hit a record $7.8 billion, with Visa accounting for about 90 percent of transactions. PaymentScan data showed total crypto card payments have risen about 230 percent since May 2025 as users spend stablecoins held in wallets without bank transfers. Visa is expanding stablecoin-linked card programs with Bridge and moving toward onchain settlement.