Crypto Cards have experienced a significant increase in transaction volume, rising from $100 million to over $1.5 billion monthly, according to Artemis research. The annualized transaction volume now stands at approximately $18 billion, comparable to the scale of stablecoin P2P transactions. Visa dominates the Crypto Cards market, controlling over 90% of on-chain transaction volume. Full-stack card issuers are actively reshaping the entire payment stack.