Summary
- Global crypto-based card payment volume increased about 500%% from September 2024.
- Recent monthly payment volume reached about $600 million, and stablecoin-linked card payments are showing the fastest growth.
- About 90%% of all transactions were processed through the Visa network, while the regulatory environment and payment network expansion remain key variables going forward.
Forecast Trend Report by Period
Crypto-based card payment volumes are expanding rapidly, signaling broader adoption in everyday spending.
SolidIntel said on May 30 that global crypto card payment volume was up about 500% from September 2024.
Recent monthly payment volume reached about $600 million, according to PaymentScan data.
Stablecoin-linked card payments posted the fastest growth among the segments tracked.
About 90% of all transactions were processed through the Visa network, the analysis found.
Market participants are focusing on whether the expansion of crypto payment infrastructure will translate into more real-world use cases. The regulatory environment and further expansion of payment networks remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
