Visa Remains Dominant Force in Crypto Card Payments Market

According to data from Paymentscan.xyz, Visa dominates the crypto card payments market, processing approximately 99% of monthly payment volume routed through major card networks.

This figure is based on data shared by a16z Crypto on X and highlights Visa's overwhelming lead over Mastercard in the niche but growing segment of crypto-funded card transactions.

Mastercard's share of crypto card payment volume briefly climbed to around 5% earlier this year, but retreated to roughly 1% by late July.

The data tracks transactions where crypto assets are converted to fiat currency at the point of sale, using stablecoins or other digital assets as the funding source.