The monthly transaction volume on cryptocurrency cards exceeded $600 million, more than tripling over the past year. The main driver is the growing popularity of cards that allow users to spend digital assets directly without complex withdrawal procedures.
In March 2026, the volume of transactions made with crypto cards reached just over $606 million. A year earlier, this figure stood at $187.5 million. This is according to data from the Paymentscan platform. The growth reflects the rapid adoption of debit and prepaid cards linked to cryptocurrencies, enabling direct payments while bypassing traditional financial channels.
The majority of transactions (64.1%, or $372.9 million) are attributed to the stablecoin USDT, which remains the dominant digital asset used for payments. This is largely due to its widespread use in developing regions such as Southeast Asia, Latin America, and Africa, where crypto cards are often used as an alternative to banking services.
However, USDT’s position is gradually weakening amid the rising share of USDC, which accounts for 25.9%, or $161.3 million. Usage of Circle’s stablecoin is growing particularly fast in Western markets, where regulation and institutional support play a key role. This points to a shift in the user base and the expansion of crypto card adoption beyond Tether’s traditional strongholds.
An additional competitive factor may come from the launch of Tether’s U.S.-focused stablecoin, USAT. If successful, it could slow the growth of USDC’s share in key regions.
Experts note that the distribution of volume among stablecoins is becoming an indicator of geographic and demographic shifts in the market. Overall growth in the crypto card segment signals lowering barriers to everyday use of digital assets and a gradual convergence between the crypto economy and traditional payment infrastructure.
Nearly 97% of the total volume processed through cryptocurrency cards runs on Visa. This is largely driven by the company’s active support for solutions aimed at integrating stablecoins into transactions with traditional financial institutions and developing infrastructure that bridges traditional and blockchain-based payments.
