The crypto payment card market has reached 60,000 daily transactions and $4 million in volume.
Adoption of crypto payment cards is accelerating rapidly. The latest data show daily transactions surging from late-2024 levels to nearly 60,000 operations by mid-January 2026, marking a 22-fold increase in just over a year.
These tools allow users to spend their digital assets at any traditional merchant through automatic conversion to fiat currency at the point of purchase. The process happens instantly, without requiring merchants to handle digital assets directly.
The main advantage lies in simplifying the spending process. Users no longer need to manually sell their assets on an exchange, wait for funds to be transferred to a traditional bank account, and then make a payment.
Transaction activity generated by crypto payment cards has now reached nearly $4 million processed daily.
In the current landscape, Etherfi stands out as the clear market leader, handling around half of all transactions made via crypto cards. However, several providers compete for market share, including Gnosis, MetaMask, Solayer, Tria, and Holyheld, alongside other emerging players.
Crypto card issuers are still refining their economic strategies. At present, there is significant variation in incentive structures and fee agreements across providers. Many crypto cards enhance their appeal by offering yields generated through DeFi lending protocols and other on-chain sources.
