Crypto Cards Grow as Payment Method: Transactions Rise 2.7x

Crypto cards are no longer a toy for speculators. An analysis of 76 weeks of transaction data across 16 different crypto card providers shows that their usage is growing explosively, completely independently of what the market is doing. Researcher Alex Obchakevich collects data from providers such as RedotPay, Cypher, EtherFi Cash, GnosisPay and others, and draws three notable conclusions about the period from January 2025 to June 2026.

Usage grows regardless of the market

The total number of transactions rises by a factor of 2.7 over the period examined. Notably, there is zero correlation with the Bitcoin price, which currently stands at $66.365 (+3.3% in 24 hours). Whether a bull market or a bear market prevails, people simply pay with crypto on a daily basis. That is a fundamental shift from earlier behaviour, where crypto card usage often peaked in tandem with the market.

The growth indicates that crypto cards are increasingly functioning as ordinary payment infrastructure. Users load their card for direct spending, not to park capital. This ties in with a broader trend where crypto is seen less as a speculative instrument and more as a daily payment method, something also reflected in the growing interest in products such as a crypto card.

Deposits become smaller and more regular

The median deposit fluctuates in 2025 and 2026 between $90 and $135. After a peak in the winter of around $165. this drops back to around $100. This is not only because users become more cautious with their spending, but also because they fear their account could be blocked or that a provider might lose its licence. The result: people top up their card more often, but with smaller amounts, just enough to cover their ongoing expenses.

In addition, the ratio between the average deposit and the median deposit drops from about 6 to 4. That means the influence of big players is decreasing and the distribution is becoming more homogeneous. The product is moving from the early adopter phase to the mainstream. Crypto cards are thus evolving from a niche instrument into a widely usable payment method for daily use.