Visa-issued crypto cards recorded a sharp increase in usage during 2025, with total net spending surging 525% over the year, according to Dune Analytics.
Spending across six crypto cards issued in partnership with Visa rose from $14.6 million in January to $91.3 million by the end of December. Cards from projects such as GnosisPay, Cypher, EtherFi, and Moonwell were included in the data, with EtherFi leading by a wide margin.
Analysts said the rise reflects growing acceptance of crypto and stablecoins as practical tools for daily financial transactions rather than experimental technologies. The trend also highlights Visa’s expanding role in crypto infrastructure.
In recent months, the payments giant has increased its stablecoin integrations across four blockchains and launched a dedicated stablecoin advisory team to help banks, fintechs, and merchants deploy digital asset products. These moves suggest Visa is positioning itself for deeper involvement in crypto payments throughout 2026.
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