Cryptocurrency credit and debit card spending is experiencing rapid growth as digital payments become increasingly mainstream. These innovative payment solutions allow users to spend stablecoins and other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) at traditional merchants, bridging the gap between crypto and everyday commerce.
Crypto Card Volumes Skyrocket
New data from Artemis reveals that crypto cards have emerged as one of the fastest-growing segments in the payments industry. Monthly crypto card volumes have surged dramatically from $100 million in 2023 to over $1.5 billion by the end of 2025. The annual market for crypto cards now exceeds $18 billion, nearly matching the volume of peer-to-peer stablecoin transfers.
Visa Leads the Crypto Card Revolution
The crypto card market largely operates on the same infrastructure as traditional Visa and Mastercard payment networks, but Visa has established a dominant position. Through strategic partnerships with various crypto companies, Visa captures more than 90% of on-chain card volumes. In 2025 alone, Visa's stablecoin card spending reached $3.5 billion, representing 19% of total crypto card volumes.
Popular Cryptocurrencies for Card Spending
The most widely used stablecoins linked to crypto cards are USD Coin (USDC), administered by Circle Internet Group, and Tether's USDT. However, many crypto cards also enable users to spend fractions of Bitcoin or Ethereum, providing flexibility for crypto holders.
Market Outlook and Growth Expectations
Artemis anticipates continued expansion of the crypto card market as adoption increases. This growth benefits established payment companies like Visa, which has positioned itself at the forefront of this financial innovation.
Analyst Perspective on Visa Stock
Wall Street analysts maintain a bullish outlook on Visa's stock, with a consensus Strong Buy rating among 26 analysts. This rating is based on 23 Buy and three Hold recommendations issued over the last three months. The average price target of $405.00 suggests 23.59% upside potential from current levels.
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