According to ChainCatcher, citing a report by Cryptonews, data from Dune Analytics shows that the net spending on six blockchain project-issued cryptocurrency cards in collaboration with Visa surged from $14.6 million in January 2025 to $91.3 million by the end of December, representing a 525% year-on-year increase in total net transaction volume. It is understood that these cards are provided by the crypto payment platforms GnosisPay and Cypher, as well as decentralized finance (DeFi) projects EtherFi, Avici Money, Exa App, and Moonwell. Among them, EtherFi's Visa credit card recorded total annual spending of $55.4 million, while Cypher's card reached $205 million in spending.
Visa Crypto Card Transactions Surge 525% in 2025, EtherFi Reaches $55.4M in Spending
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Summary
Today's crypto news reveals that spending via Visa-linked crypto cards surged by 525% in 2025, increasing from $14.6 million in January to $91.3 million by the end of the year. EtherFi led the way with total spending of $55.4 million, followed by Cypher with $20.5 million. The cards are issued by GnosisPay, Cypher, EtherFi, Avici Money, Exa App, and Moonwell.
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