According to ChainCatcher, a report by AmbCrypto citing data from blockchain analytics firm Artemis shows that the monthly transaction volume of cryptocurrency card payments has exceeded $15 billion, while the monthly transaction volume of peer-to-peer (P2P) stablecoin transfers is approximately $11 billion. Cryptocurrency cards have become the primary driver of on-chain stablecoin activity. Among them, Visa accounts for more than 80% of the stablecoin card transaction volume tracked in the report; Mastercard holds a smaller but growing share, while regional card projects contribute very little.
Artemis: Crypto Card Payments Surpass P2P Stablecoin Transfers, Visa Holds Over 80%
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Summary
On-chain data reveals that crypto card payments have surpassed peer-to-peer (P2P) stablecoin transfers, with monthly transaction volume reaching $15 billion. P2P transactions now lag behind at $11 billion. Visa dominates the market, controlling more than 80% of stablecoin card volume, while Mastercard is steadily gaining market share. Smaller regional projects, however, remain on the sidelines. Crypto news continues to emphasize the shift toward card-based on-chain activity as a key area of growth.
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