Visa Reports 525% Increase in Crypto Card Spending in 2025

Consumer spending on crypto-linked payment cards is increasing significantly, with Visa reporting a 525% rise in spending volumes for 2025. Data from Dune Analytics shows total net spending across six Visa-partnered crypto card programs grew from $14.6 million in January to $91.3 million in December.

Major contributors include EtherFi and Cypher, with EtherFi leading the spending at $55.4 million and Cypher at $20.5 million.
The steady increase in spending indicates growing consumer comfort with using crypto wallets for traditional purchases.

Ethereum Chart

Visa's Stablecoin Infrastructure Expansion

Visa has expanded its stablecoin infrastructure to support settlement across Ethereum, Solana, Avalanche, and Stellar blockchains.
This development enables real-time conversion of crypto balances to fiat during transactions within Visa’s global merchant network.
Visa launched a stablecoin advisory team to assist banks and fintech companies in designing stablecoin-based products.

Crypto card usage is expected to grow in 2026, particularly in the U.S., Europe, and Asia-Pacific. The trend toward normalized consumer crypto spending depends on market conditions and further integration between crypto platforms and payment networks.