Daily transaction volume of crypto payment cards surges 22 times to 60,000, with Etherfi leading the market

According to ChainCatcher, the daily transaction volume of crypto-native payment cards surged 22 times from December 2024 levels, reaching nearly 60,000 transactions by mid-January 2026, with a daily transaction value close to $4 million. Etherfi currently dominates the market, accounting for about 50% of the transaction volume, with other competitors including Gnosis, Metamask, and Solayer.

Many cards offer yields through DeFi lending protocols, allowing users to earn returns on their balances while maintaining spending flexibility. Meanwhile, issuers are still optimizing their economic models, and there are significant differences in incentive structures and fee arrangements among different providers.