Crypto Card Transaction Volume Soars 200% from 2025
BITmarkets Team
May 29, 2026
According to market research publication The Kobeissi Letter, cumulative transaction volume on crypto payment cards reached approximately $7.8 billion this month. Analysts at The Kobeissi Letter noted that Visa currently processes around 90% of crypto card transactions through partnerships with onchain-native platforms such as Jupiter Global. Jupiter Global is the payments initiative developed by the team behind the Jupiter decentralized exchange operating on the Solana ecosystem.
The Kobeissi Letter stated: “Crypto card adoption has rapidly accelerated in 2026 due to growing access to stablecoins as a payment rail through crypto cards. In other words, more people can now spend stablecoins like fiat by using crypto cards, further driving adoption.”
The rise in crypto card activity highlights how digital assets — particularly stablecoins — are increasingly integrating with traditional financial systems rather than replacing existing payment providers such as Visa and Mastercard.
Crypto cards increasingly used for everyday spending
Crypto payment cards are also seeing broader real-world usage across multiple consumer categories.
Earlier this year, crypto exchange OKX launched a stablecoin payment card for European users operating on Mastercard’s payment network.
According to OKX transaction data from January 2026, grocery shopping represented the largest spending category, accounting for around 26% of total card transactions. Restaurant purchases followed at approximately 18% of transaction volume, while online shopping represented roughly 13%.
The OKX team commented: “When crypto pays for lunch, payment adoption is real. For years, critics pointed to a lack of everyday utility as crypto's weak point: great as a speculative asset, less useful as actual money.” The data suggests crypto payment products are gradually moving beyond trading and investment use cases into routine consumer spending.
Stablecoin payment infrastructure expands globally
The broader crypto payments sector continues expanding through partnerships between fintech companies and traditional payment networks. In March, Visa and Bridge — a fintech platform owned by Stripe — announced plans to introduce stablecoin-linked payment cards across more than 100 countries. The initial rollout supported 18 countries, including Argentina, Colombia, Mexico, Peru and Chile.
The companies also indicated plans to expand into the Asia-Pacific region, Africa and the Middle East by the end of 2026. The growing adoption of crypto payment cards suggests stablecoins are increasingly becoming part of mainstream payment infrastructure, particularly for cross-border spending and digital transactions.
Sources:
https://cointelegraph.com/news/crypto-card-monthly-volume-surge-230-one-year
https://www.okx.com/en-eu/learn/okx-card-how-europeans-spend-crypto
