Crypto card payments hit record $12.5B, up 247% from a year earlier

Crypto card payments reached a record $12.5 billion, according to CoinNess. The reported total was 247% higher than the level recorded a year earlier, signaling a sharp increase in the value of transactions processed through crypto-linked card products.

Crypto cards generally allow users to make purchases through payment-card networks while using cryptocurrency-related balances or services. Their structure can vary by provider, including how digital assets are held, converted, or settled when a payment is made.

The new record highlights growing activity in a segment that connects digital-asset services with everyday card payments. The reported year-over-year increase indicates that crypto card transaction volumes expanded substantially over the period measured by CoinNess.