Visa crypto card spending surges sharply in 2025

Spending on Visa-issued crypto cards jumped 525% in 2025, reflecting rapid growth in real-world crypto payments.

Dune Analytics data shows total net spend across six Visa-linked crypto cards rose from $14.6 million in January to $91.3 million by December.

The cards are issued through partnerships with crypto platforms including GnosisPay, Cypher, EtherFi, Avici Money, Exa App and Moonwell.

EtherFi’s Visa card led the market with $55.4 million in total spending during the year.

Cypher ranked second with $20.5 million in net spend, trailing EtherFi by a wide margin.

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.

obchakevich_ said.

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

obchakevich_ added.

Visa is positioning for further growth in 2026 by expanding its stablecoin-related infrastructure.

The payments giant now supports stablecoins across four blockchains and continues to form new partnerships.

In December, Visa launched a stablecoin advisory team to help banks, merchants and fintech firms develop and manage stablecoin products.