Key Takeaways:

• Crypto card payment volume surged 230% year-on-year to nearly $656 million per month.
• Stablecoins such as USDT and USDC are driving more everyday spending through crypto-linked cards.
• Visa now processes over 90% of tracked crypto card transactions, according to Paymentscan.

Crypto users are increasingly spending stablecoins like regular money, and the numbers suggest the shift is accelerating faster than many expected.

Monthly payment volume on crypto-linked debit and credit cards climbed from $271 million in May 2025 to $656 million in May 2026, according to data from onchain payments analytics platform Paymentscan. Cumulative tracked payment volume has now reached nearly $7.8 billion.

The figures suggest crypto cards are becoming more than a trading tool as stablecoins move into everyday consumer spending. Instead of moving crypto only between exchanges and wallets, more users are now paying for groceries, restaurants, and online shopping using cards connected to stablecoin balances.

Stablecoin payments are moving into daily spending

Much of the recent growth has been tied to stablecoins, cryptocurrencies designed to maintain a fixed value against traditional currencies like the US dollar.

Paymentscan data shows Tether’s USDt (USDT) accounted for 72% of tracked crypto card settlement volume, while USDC (USDC), the dollar-pegged stablecoin issued by Circle, represented about 18%.

That matters because stablecoins remove one of crypto’s biggest problems for payments: volatility. A consumer is more likely to buy groceries with a digital dollar that stays near $1 than with an asset that can swing 10% in a day.

Several crypto companies expanded payment products over the last year. In January 2026, crypto exchange OKX launched a Mastercard-linked stablecoin payments card in Europe. Visa and Bridge, a payments company owned by Stripe, also announced plans earlier this year to roll out stablecoin-linked cards across more than 100 countries.

According to OKX transaction data shared earlier this year, grocery purchases represented the largest spending category on its crypto card platform.

Learn More: What Are Stablecoins, and How Do They Work?

Visa dominates the crypto card market

The spending boom is also reshaping competition between major payment networks.

Paymentscan data shows Mastercard controlled nearly all tracked crypto card volume during much of 2023. That changed after several major crypto payment programs began launching on Visa’s network.

Visa now processes 90%-97% of tracked crypto card spending, according to Paymentscan estimates. Crypto card providers, including RedotPay, MetaMask, EtherFi, and Kast, have largely adopted Visa-linked infrastructure.

The shift suggests traditional payment companies are adapting to blockchain-based payments rather than losing ground to them.

Related: Revolut Launches Dogecoin-Themed Crypto Card With Tap-to-Pay Features

What to watch next for crypto payment adoption

The sector still represents a small share of the global payments market, and most activity remains concentrated in stablecoins and a limited number of card providers. Even so, the latest figures show crypto payments moving closer to real consumer use rather than speculative trading. If adoption continues, crypto-linked cards may become one of the first blockchain products used regularly outside the crypto industry itself.