$V

Crypto card spending is the next big trend: Crypto card spending volume has surged +500% since September 2024, now running at $600 million per month. As a result, stablecoin-linked payment cards are now one of the fastest growing businesses on the blockchain, with 90% of transactions captured by Visa, $V. Visa's strategy has centered around partnering with emerging infrastructure providers which reduces reliance on traditional sponsor banks. The growth comes amid the launch of Jupiter Global which returns 4-10% cash back to crypto cards and has seen +660% MoM volume growth in April. Crypto card adoption is growing.