Spending volume on crypto cards has skyrocketed by 500% since September 2024. The current figure is around $600 million monthly. Visa processes 90% of these on-chain transactions.

These data indicate a sharp shift in the usage model of stablecoins. Assets are moving from wallet balances into the category of everyday spending. Card issuance programs linked to stablecoins have become one of the fastest-growing sectors on public blockchains.

Visa's dominance in the market.

Visa has solidified its leadership through partnerships with key infrastructure providers. This has reduced reliance on traditional banking sponsors.

This strategy reflects the rollout process of the Bridge stablecoin cards. The project will continue to expand into new regions throughout 2026.

Partnership programs like Wirex enable payouts in stablecoins across billions of cards through Visa Direct. In March, the payment giant processed around 97% of the total transaction volume for crypto cards.

New market players are actively expanding the cashback model. Notably, there's a Visa card from the Jupiter project built on Solana. The product returns users between 4% to 10% of their funds based on their tier. In April, this tool saw a 660% increase in transaction volume month-over-month. The project pays out rewards in stablecoins rather than airline bonus points.

Tron's founder, Justin Sun, called this trend the next phase in the spread of stablecoins. His words resonate with earlier statements about stablecoin regulation policies.

Justin Sun stated:

"Crypto cards aren't just a trend. They're the next step in the evolution of distribution. Stablecoins have already moved beyond wallets into everyday spending on a global scale. The next phase is seamless access. Integrating digital assets directly into how people pay, anywhere."

Industry commentator Marty Party predicted a significant influx of users. He believes that the integration of Visa-issued stablecoin cards into Apple Pay and Android Tap will attract 10 million users. The expert expects this before the widespread adoption of on-chain payments by merchants themselves.

The numbers confirm the competition among stablecoins for consumer wallets. Assets are fighting not just for on-chain liquidity. The ability of competing networks to reach Visa's coverage will determine the future of debit cards. This will show whether they become the dominant gateway into the world of digital finance.#USAndIranTradeShotInTheStraitOfHormuz $BTC