Crypto Cards Surpass Traditional Banks in European Micro-Spending
- 45% of crypto-linked card transactions in Europe are under €10 ($11.7), a space traditionally dominated by cash.
- CEX.IO reports a significant rise of 15% in newly ordered crypto cards across Europe in early 2025.
- Crypto card users conduct nearly double the average online transactions, with internet payments comprising 40% of their activity versus the euro area’s average of 21%.
- Stablecoins account for approximately 73% of crypto card transactions, with other major cryptocurrencies like Bitcoin, Ether, Litecoin, and Solana also frequently used.
- The average transaction value for crypto cards is €23.7 ($27.8), lower than the €33.6 ($39) average for traditional bank cards.
The growing adoption of crypto cards in Europe highlights a shift towards digital assets for everyday purchases, particularly small transactions where cash was once king. This trend is supported by increased online spending and the use of stablecoins and other major cryptocurrencies for routine expenses like groceries and dining.
With a notable increase in new crypto card orders and higher online transaction rates compared to traditional banking, the data suggests that Europeans are increasingly integrating digital assets into daily financial activities, signaling a move towards a more cashless society. (Source)
