Kobeissi Letter market research analyst confirmed via CoinTelegraph on May 28 that the monthly cumulative transaction volume of crypto payment cards in May reached about $7.8 billion, up about 230% year-over-year. Visa, through collaborations with on-chain native companies such as Jupiter Global on Solana, holds about 90% of the crypto card transaction share.
Kobeissi Letter confirms the 230% growth data and Visa’s market share
According to Kobeissi Letter’s analysis, since 2024, the monthly spending volumes of crypto-related credit cards and debit cards have continued to grow steadily. The monthly cumulative transaction volume has now reached about $7.8 billion, with a year-over-year increase of about 230%. Visa accounts for about 90% of crypto card transaction share, mainly achieved through its partnership with Jupiter Global, a payments project launched by the Jupiter DEX team on Solana.
Kobeissi Letter analyst confirmed: “As stablecoins become increasingly popular as a payment rail via crypto cards, crypto card adoption will rapidly increase in 2026. More people can now use crypto cards to spend stablecoins just like they use fiat.” Kobeissi Letter also noted that the growth of crypto payment cards highlights the trend of digital assets being integrated into the traditional financial system. It is not about replacing Mastercard and Visa, but about operating in synergy with existing network infrastructure.
OKX confirms 2026 January Europe stablecoin payment card spending data
In January 2026, OKX launched a stablecoin payment card operating on the Mastercard network for European customers and released the spending category breakdown for its first month. OKX confirmed that grocery store purchases were the largest spending category, accounting for about 26% of all transactions; dining at restaurants accounted for 18%; and online shopping was the third-largest category, accounting for about 13%.
The OKX team confirmed: “When cryptocurrency can be used to pay for lunch, real progress is the broad adoption of payment methods.” OKX confirmed that its stablecoin payment card is intended to address the long-standing issue that cryptocurrencies have been criticized for lacking day-to-day practicality.
Visa and Bridge confirm expansion plan: stablecoin payment cards in 100 countries
In March 2026, Visa and Bridge, a fintech company under Stripe, jointly announced a plan to roll out stablecoin-linked payment cards in more than 100 countries. The initial support for 18 countries includes Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. Both sides confirmed plans to expand the product to the Asia-Pacific region, Africa, and the Middle East before the end of 2026.
FAQ
What is the comparison baseline period for $7.8 billion and 230% growth?
According to the confirmation report by Kobeissi Letter, $7.8 billion is the monthly cumulative transaction volume for May 2026, and the 230% growth rate is the year-over-year increase compared with the same period in 2025. The data was cited and published by CoinTelegraph on May 28, 2026.
Is Visa’s 90% market share official data or an market estimate?
According to Kobeissi Letter’s confirmation, the 90% share is a market research estimate, not official disclosed data from Visa. Kobeissi Letter confirmed that this share mainly comes from Visa’s order flow obtained through partnerships with on-chain native companies such as Jupiter Global.
How is the 100-country plan between Visa and Bridge progressing so far?
According to the joint announcement by Visa and Bridge in March 2026, the product’s initial support includes 18 countries including Argentina. Both parties officially confirmed plans to expand to the Asia-Pacific region, Africa, and the Middle East by the end of 2026. As of May 28, 2026, there has been no further public update on the expansion progress.
