Crypto News Network reports that Wu, via a post from a blockchain account, said: The Castle Labs report shows that the infrastructure for crypto “on-chain banks” is accelerating toward maturity. As of November 2025, monthly crypto card transaction volume has reached a record high of $460 million; Visa’s stablecoin card has an annual transaction volume of $3.5 billion; and RedotPay’s annual payments exceed $10 billion. The non-custodial card Cash under etherfi contributes about 50% of the protocol’s revenue and has around 300,000 accounts. On-chain banks are moving from scenarios such as payments and savings toward a new banking model.

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