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Analyst: Visa dominates the Crypto Assets card sector with a monthly volume of $365 million.
According to a report from 深潮 TechFlow on November 26, analyst Alex revealed that Visa dominates the issuance of cryptocurrency cards, with a monthly volume of $365 million.
According to an analysis of on-chain transfer volumes for 13 Crypto Assets card projects, Visa dominates with 10 of these projects, while Mastercard only has 3. Among them, Rain Card, RedotPay, and Etherfi Cash are the main drivers of Visa's transfer volume growth, contributing a total volume of $320 million.
Analysis shows that the choice of Visa for the Crypto Assets card project is mainly due to its easier launch, lower operating costs, and fewer compliance risks. In comparison, although Mastercard is reliable, it has stricter requirements and higher costs.