CoinVoice has learned that the daily transaction volume of crypto-native payment cards surged 22 times from the level in December 2024, reaching nearly 60,000 transactions by mid-January 2026, with a daily transaction value of nearly $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 balance returns while maintaining spending flexibility. Card issuers are still optimizing economic models, with significant differences in incentive structures and fee arrangements among various providers.