Cryptographic card monthly transaction volume increased by 230% year-on-year, with a cumulative transaction volume of $7.8 billion this month.

CoinFeed reported on May 28th, citing Cointelegraph, that monthly payment volume for crypto-linked debit and credit cards has increased by approximately 230% year-over-year, reaching a cumulative transaction volume of $7.8 billion this month, reflecting the rapid adoption of crypto payment products. Visa, through partnerships with on-chain native companies like Jupiter Global, holds approximately 90% of the crypto card transaction share. OKX launched a stablecoin payment card based on the Mastercard network in Europe this January, with supermarket shopping being the largest category, accounting for approximately 26%, followed by restaurant spending at 18%, and online shopping at 13%. OKX stated that true payment adoption will only be realized when cryptocurrency is used to pay for lunch.