Home > Quick > Body

Report: European crypto cards overtake traditional banks in micropayments

clock
2025-06-28 12:41:28
According to Cointelegraph, the report shared by CEX.IO shows that 45% of crypto card transactions in Europe are less than 10 euros (about $11.70), surpassing traditional banks in this traditionally cash-dominated micropayment space.
The report notes a 15% increase in new orders of CEX.IO crypto cards in Europe in 2025, indicating that user interest is growing as more Europeans switch to using digital assets for daily payments. Crypto card users account for 40% of online transactions, nearly double the Eurozone average of 21%, as shown by ECB data.
The spending patterns of crypto card holders show that they are using their cards for daily expenses, with groceries accounting for 59% of purchases and dining and bar spending accounting for 19%. Notably, the average transaction amount for crypto cards was €23.70 ($27.8), which is lower than the €33.6 ($39) for bank cards. The data also shows that stablecoins support 73% of transactions, while major cryptocurrencies such as Bitcoin, Ether, Litecoin, and Solana are also used for grocery, dining, and transportation payments.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.