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Crypto cards reached $ 649M in April, showing a 192% YoY growth.
The leading chain remains @trondao, accounting for 32% of the total volume. Crypto cards generate more volume on TRON than on @ethereum and @BNBCHAIN combined.
TRON has a massive user base in Southeast Asia, Latin America, and Africa - regions where demand for crypto cards as an alternative to traditional banking systems is the strongest.
At the same time, solana:Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB is the primary stablecoin used for payments via crypto cards, which is logical given the dominance of @trondao and @RedotPay. It accounts for 62% of the total crypto card volume, while solana:EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v holds a 25% share.
Crypto cards have strong growth potential in the near term, and I expect monthly volume to surpass $ 1B as early as this summer.