According to Artemis research report, cryptocurrency cards have become a key channel for stablecoin usage, with an annualized transaction volume of $18 billion, approaching the $19 billion scale of peer-to-peer on-chain stablecoin transfers.
Currently, Visa dominates the market, accounting for over 90% of transaction volume. Despite rapid growth, Artemis believes that in the short term, cryptocurrency direct payments will still find it difficult to fully replace traditional card networks.
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