Data from paymentscan.xyz, initially highlighted by The Kobeissi Letter, reveals that crypto card payment volume has surged to an all-time high of $12.5 billion, marking a 140% increase year-to-date.
This milestone additionally represents a 247% jump compared to transaction levels observed in October 2025.
According to The Kobeissi Letter, this sharp upward trend is propelled by the expanding utilization of stablecoins for payments alongside an increased demand for more rapid, cost-effective cross-border transfers.
Another area showing strong performance is QR-code transactions. Driven by demand for QR-based spending, Jupiter Spend—a prominent on-chain card issuer—saw its active cards grow by 55% quarter-over-quarter.
“Crypto cards are the next phase of crypto adoption,” noted The Kobeissi Letter.
These statistics coincide with significant industry expansions into crypto card offerings. Earlier this year, Fold Holdings (NASDAQ: FLD) began rolling out its Fold Bitcoin Credit Card to select members on a waitlist, with broader distribution scheduled in batches moving forward.
Operating on the Visa network and powered by Stripe Issuing, this card is welcome at 175 million merchants. It delivers a 1.5% foundational bitcoin cash-back rate, which can reach up to 4% via behavioral incentives and partner deals, plus an additional 0.5% back for users settling their bills in bitcoin.
Conversely, Aven has introduced a distinct model with its Aven Bitcoin Visa Card, introduced at the Bitcoin Conference 2026 held in Las Vegas. This product allows users to secure lines of credit up to $1 million backed by their bitcoin holdings without liquidating them, featuring APRs beginning at 7.99% and repayment schedules stretching up to 10 years.
BitGo manages the underlying collateral, and Coastal Community Bank acts as the card issuer.
Frequently Asked Questions
What is the current total volume of crypto card payments?
Crypto card payment volume has reached a record $12.5 billion, representing a 140% increase year-to-date and a 247% jump from October 2025 levels.
What is driving the growth of crypto card usage?
The surge is primarily driven by the increasing adoption of stablecoins as a payment rail and the growing demand for faster, cheaper cross-border transactions.
How does the Fold Bitcoin Credit Card work?
Issued by Fold Holdings on the Visa network with Stripe Issuing, the card is accepted at 175 million merchants and offers a base rate of 1.5% back in bitcoin, which can increase up to 4% through partner offers and behavior-based boosts.
What is the Aven Bitcoin Visa Card?
Unveiled at the Bitcoin Conference 2026, the Aven card allows users to borrow up to $1 million against their bitcoin without selling it, with rates starting at 7.99% APR and terms up to 10 years.
