Total spending via digital asset cards on the Visa network is projected to increase from $14.6 million to $91.3 million in 2025, reflecting the trend of integrating digital assets into everyday payments.
2025 saw a breakthrough in the application of crypto assets to real-world payments as the volume of spending via crypto asset cards on the Visa network surged. According to data from Dune Analytics, the total transaction value of six types of crypto asset cards issued by blockchain projects in partnership with Visa increased by 525% year-to-date, from $14.6 million in January to $91.3 million in December.
This impressive growth reflects the trend of users increasingly trusting and using digital assets for everyday expenses instead of just viewing them as investment tools. Cryptocurrency cards are gradually moving from an experimental product to a complete payment solution, creating a direct bridge between cryptocurrency wallets and traditional global payment systems.
EtherFi leads in volume.
Within the analyzed group of cards, EtherFi card users showed the most activity, with total spending reaching $55.4 million as of December 2025. This figure far surpasses the Cypher card, which ranked second with $20.5 million, indicating a significant difference in market penetration between the products.
December data also revealed that the total volume of payments via cryptocurrency cards reached $106.8 million, with 83% coming from six major cards: EtherFi, Cypher, GnosisPay, Avici Money, Exa App, and Moonwell, all issued on the Visa network. This concentration indicates that the cryptocurrency card market is still in its early stages, with a few leading providers.
Analysts believe this trend confirms the increasingly important Vai of cryptocurrencies and stablecoins in the global payment infrastructure. This growth stems not only from user demand but is also driven by Visa's aggressive expansion strategy in the digital asset segment.
Currently, Visa supports stablecoin operations on four different blockchains and is expanding its infrastructure to serve both retail and institutional customers. The most notable move is the launch of a dedicated advisory division by mid-December 2025, focused on assisting banks, payment acceptance units, and fintech providers in deploying and managing stablecoin products.
The development of cryptocurrency asset cards in 2025 marks a crucial turning point as digital assets are no longer separate from the traditional financial system but are gradually becoming part of the global payment infrastructure. With current growth rates and support from major payment corporations, cryptocurrency asset cards have the potential to become a popular payment channel in the coming years.
