The monthly payment volume of cryptocurrency-linked debit and credit cards has increased by approximately 230% compared to last year. According to The Kobeissi Letter, the current cumulative monthly transaction volume is approximately $7.8 billion. The report analyzed that the adoption of cryptocurrency cards is rapidly expanding as stablecoins begin to be utilized as payment rails. In particular, Visa is reportedly processing about 90% of all cryptocurrency card transactions in collaboration with on-chain companies such as Jupiter Global. Meanwhile, OKX launched a Mastercard-based stablecoin payment card in Europe earlier this year, and Visa and Stripe's subsidiary Bridge have also announced plans to launch stablecoin cards for over 100 countries.
