Derived from HashNews, Visa has emerged as the leader in crypto card issuance, achieving $365 million in monthly transaction volume. An analyst on social media platforms highlighted that Visa's dominance is driven by projects such as Rain Card, RedotPay, and Etherfi Cash, which collectively account for $320 million in transaction volume. The analysis reviewed 13 representative crypto card projects, with Visa involved in 10 and Mastercard in three. The analyst noted that most crypto card projects prefer Visa due to its simpler issuance process, lower operational costs, and reduced compliance risks, despite Mastercard's reliability.
Visa Leads in Crypto Card Issuance with $365M Monthly Transaction Volume
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