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Crypto Mumbles Crypto Mumbles @cryptomumbles · 9.4K subscribers
Post #18815 1.07K

Forwarded from The Kobeissi Letter

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.
(@TheKobeissiLetter)
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