Crypto Card Spending Reaches $18B Annually, Challenging Stablecoin Transfers
According to Artemis research, spending via crypto credit and debit cards has reached an annualized rate of $18 billion. This development indicates that crypto card spending is now competing with peer-to-peer stablecoin transfers. Visa is reportedly capturing a significant portion of on-chain volume through early infrastructure partnerships. The shift towards using crypto cards for everyday payments highlights a change in how digital assets are being utilized within the financial landscape, according to reports.
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