💳Crypto Cards Outpace Banks in Micro-Spending Across Europe 🌍
Crypto-linked cards are now competing with traditional banks in Europe, especially for small purchases! 🛒 Nearly 45% of crypto card transactions are under €10 ($11.7), a space where cash used to dominate.
Key Trends in Crypto Spending 📊
🔹 Rise in Popularity: New crypto card orders in Europe surged 15% in 2025, as more Europeans embrace digital assets for everyday payments.
🔹 Online Spending: While 21% of card payments across the eurozone are online, crypto cards see 40% of transactions happening on the internet—almost double the average! 🌐
Everyday Purchases 🛍️
Crypto cardholders are using their cards for daily essentials:
Groceries: 59% of purchases, close to the 54% benchmark of bank cards. 🥕
Dining & Bars: 19%, higher than the in-person food & drink spending. 🍽️🍹
On average, crypto card transactions amount to €23.7 ($27.8), while traditional bank cards average €33.6 ($39) per purchase. 💰
Crypto Transactions by Coin 💸
Stablecoins power 73% of crypto card transactions, with major cryptos like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL) also being used for groceries, dining, and transportation.
Crypto Card Adoption Across Providers 🚀
Oobit and Crypto.com also report strong everyday spending trends among European users. 📱
Challenges: Barclays Bans Crypto on Credit Cards 🚫
Despite the surge in crypto card adoption, Barclays is blocking crypto purchases on its Barclaycard credit cards. The bank cites market volatility and lack of investor protection as major concerns. ⚠️
Crypto cards are rapidly gaining traction, with users embracing digital currency for everyday spending. As adoption grows, traditional banking systems face competition in the micro-spending space, paving the way for a cashless future. 💳🚀
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