The scale of cryptocurrency card payments reached $18 billion, with Visa accounting for over 90% of the transaction volume

According to the Artemis research report, cryptocurrency cards have become a key channel for stablecoin usage, with an annual transaction volume of $18 billion, approaching the $19 billion scale of peer-to-peer stablecoin on-chain transfers.

Currently, Visa dominates this market, accounting for over 90% of the transaction volume. Despite rapid growth, Artemis believes that direct cryptocurrency payments will still struggle to fully replace traditional card networks in the short term.