Stablecoin-backed cards have reached an $18 billion annual run rate by late 2025, driven by increased stablecoin adoption and Visa's significant contribution of a $3.5 billion run rate.
This growth in stablecoin card spending signals a shift towards stable assets for transactions, enhancing financial stability and efficiency, with substantial market expansion anticipated.
Stablecoin Card Spending Hits $18 Billion Annualized
The on-chain analytics platform Artemis reports that stablecoin-backed card spending has reached an $18 billion annual run rate by late 2025. Monthly transaction volumes currently stand at $1.5 billion, largely driven by stablecoins.
Key infrastructure player Visa has achieved a card spend of $3.5 billion annualized in its latest quarter. Visa marks significant growth from crypto card volumes. USDT and USDC are the dominant assets in use, offering the price stability necessary for everyday transactions.
Visa's Role in Mainstreaming Crypto Spending
This surge reflects a shift from volatile assets like BTC and ETH to stablecoins. The adoption rate has seen a compounded annual growth rate of 106% since early 2023. Visa’s involvement underscores the mainstream acceptance of crypto-backed spending.
"The correlation between stablecoin adoption and card spending growth is unmistakable. Stablecoins provide the price stability necessary for everyday transactions while maintaining the efficiency benefits of blockchain technology." — Dr. Elena Rodriguez, Director of Digital Payments Research, Global Fintech Institute.
The rise in stablecoin use hints at future regulatory interest and technological advancements. Industry experts anticipate further development due to improved regulatory clarity. The sustained growth of stablecoins as everyday transaction vehicles is notable.
Monumental Growth from $100 Million to $1.5 Billion Monthly Volumes
Historically, the growth from early 2023's $100 million monthly card volumes to $1.5 billion is unprecedented. Stablecoins have largely supplanted BTC and ETH, indicating a departure from asset volatility for routine transactions.
Dr. Elena Rodriguez from the Global Fintech Institute emphasizes the linkage between stablecoin popularity and card spending growth. She highlights price stability and blockchain efficiency benefits as key factors influencing this upward trajectory.