The volume of funds spent in 2025 by users of cryptocurrency cards issued within the Visa payment network grew more than sixfold. This trend reflects a sharp rise in the use of crypto cards for everyday payments.
According to data from Dune Analytics, the total amount spent by users of six crypto cards launched by blockchain projects in partnership with financial giant Visa increased by 525% in 2025. In January, net spend amounted to $14.6 million, rising to $91.3 million by December.
Users of EtherFi crypto cards were the most active, having spent a total of $55.4 million as of December 2025. For comparison, users of Cypher crypto cards, which ranked second by transaction volume among the analyzed cards, spent $20.5 million by the end of the year.
Moreover, according to Dune Analytics, in December 2025, the total volume of payments made via cryptocurrency cards reached $106.8 million, of which 83% was accounted for by EtherFi, Cypher, GnosisPay, Avici Money, Exa App, and Moonwell crypto cards issued within the Visa payment network.
Analysts note that this trend highlights the growing role of cryptocurrencies and stablecoins in Visa’s global payment infrastructure. The increase in spending through crypto cards indicates that such products are becoming fully fledged payment instruments for everyday use.
An additional factor driving growth in crypto card usage is Visa’s expansion in the stablecoin segment. The company supports stablecoin operations across four blockchains and is expanding its infrastructure to serve both retail and institutional clients. In mid-December, Visa also launched a consulting division focused on helping banks, merchants, and fintech providers launch and manage stablecoin products.
