Visa Crypto Card Spending Soars 525% In 2025, Rising From $14.6 Million To Over $91 Million

Visa Crypto Cards See Spending Surge As Consumers Embrace Digital Payments

Visa-issued crypto cards experienced a remarkable rise in usage throughout 2025, with total net spending jumping 525% over the year.

Data from Dune Analytics shows that net spend across six Visa-partnered crypto cards climbed from $14.6 million in January to $91.3 million by December.

The cards are offered through a mix of crypto payment platforms and DeFi projects, including GnosisPay, Cypher, EtherFi, Avici Money, Exa App, and Moonwell.

Analysts say the growth reflects a shift in consumer behaviour, with more people using crypto directly for transactions rather than converting it to fiat first.

Which Cards Are Leading The Surge? EtherFi Takes The Top Spot

Among the six cards tracked, EtherFi’s Visa card dominated spending, generating $55.4 million in total during 2025.

Cypher followed in second place with $20.5 million, while the remaining issuers recorded smaller but steadily growing volumes.

Researchers suggest EtherFi’s lead highlights strong demand for cards linked to yield-generating or DeFi-integrated accounts.

In an X post, Polygon researcher Alex (@obchakevich_) highlighted,

“The increase in spend volume confirms that crypto is no longer just an experimental technology but a fully-fledged tool for everyday financial transactions.”

He added,

“These figures demonstrate not only the fast adoption of crypto cards among users but also the strategic importance of crypto and stablecoins for Visa’s global payment ecosystem.”

How Stablecoins Are Driving Visa’s Strategy

Visa is positioning itself for further growth in 2026 by expanding its stablecoin initiatives.

The firm now supports stablecoins across four blockchains and has strengthened partnerships to improve access for both retail and institutional clients.

In mid-December, Visa launched a dedicated stablecoin advisory team to assist banks, merchants, and fintechs in developing and managing stablecoin-based products.

Industry observers say the move reflects the company’s belief that tighter integration between stablecoins and card networks could boost transaction volumes next year.

Are Crypto Cards Becoming Part Of Everyday Payments?

The surge in usage signals that crypto cards are moving beyond niche applications.

Analysts see the rise as evidence that card-based rails remain a key bridge between digital assets and conventional commerce.

With consumer adoption growing and infrastructure support expanding, Visa’s crypto cards may increasingly become part of routine financial activity, offering a glimpse into how digital currencies could play a larger role in daily transactions.