TLDR
- Crypto spend rose $14.6M→$91.3M in 2025, marking powerful network growth
- EtherFi led with $55.4M in spend, widening its edge across programs
- Stablecoin support on four chains enabled faster, smoother settlement
- Visa’s partner integrations fueled retail adoption and crypto utility
- Rising crypto-to-fiat activity added momentum across global rails
Visa reported a significant increase in crypto card activity in 2025, with total net spend rising by 525%. The strong acceleration built on steady monthly growth and highlighted rapid adoption across major blockchain-linked card programs. The data signaled strengthening momentum for Visa as it expanded its digital payments reach.
Crypto Card Volumes Accelerate
Visa saw crypto card spending rise from $14.6 million in January to $91.3 million in December. This surge reflected broader usage across six blockchain-issued cards connected to the network. Furthermore, the trend underscored how digital assets continued gaining relevance in daily transactions.
EtherFi’s card led the group with $55.4 million in total spend and widened the gap with the second-ranked Cypher card. Moonwell, Avici Money, Exa App, and GnosisPay also recorded steady growth through the year. Consequently, the combined activity strengthened Visa’s presence within emerging payment channels.
The sharp rise in spending pointed to expanding retail usage and stronger infrastructure support across partner platforms. Visa maintained consistent integration efforts as it worked with multiple blockchain projects. Therefore, the company positioned itself to capture growing demand in hybrid crypto-to-fiat payments.
Stablecoin Strategy Supports Network Growth
Visa continued boosting its stablecoin capabilities as it expanded support across four blockchains. These efforts aimed to create smoother payment flows and faster settlement options for clients. The company advanced several partnerships to broaden access to digital assets globally.
A dedicated stablecoin advisory team launched in December to assist banks, fintechs, and merchants with product development. This unit strengthened Visa’s push into regulated digital payment frameworks. As a result, the company enhanced its ability to guide partners through operational and compliance needs.
The combined strategy highlighted Visa’s goal of embedding digital assets into traditional payment systems. The firm worked to scale adoption in both retail and institutional channels. Thus, stablecoins became a key part of its long-term infrastructure roadmap.
Market Context and Operational Outlook
Visa processed more than $14 trillion in transactions annually and remained active across over 200 markets. This scale allowed the company to integrate new technologies without disrupting core operations. Crypto card activity added incremental volume across existing rails.
The spending surge aligned with broader growth in digital asset payments worldwide. Industry forecasts projected sustained expansion throughout the decade as crypto-linked tools continued to improve. Therefore, Visa’s early position offered meaningful upside for network development.
Visa’s financial performance remained strong as payment volume and cross-border activity increased through 2024. These metrics supported long-term expansion as the company blended traditional and emerging payment models. The acceleration in crypto card usage provided another tailwind as Visa advanced its global payments strategy.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
