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Crypto Cards Now Rival Banks in Everyday Use Across Europe

  • CEX.IO reported a 15% rise in new card orders across Europe, indicating a growing shift towards using cryptocurrencies for everyday purchases.
  • Crypto users conduct 40% of their transactions online, compared to 21% for traditional bank card holders, with the average crypto card purchase being €23.70.
  • Stablecoins account for 73% of spending on crypto cards, with other popular coins like Bitcoin, Ethereum, Litecoin, and Solana also common.
  • Barclays recently announced it would block crypto purchases via credit cards, citing concerns over volatility and lack of regulatory protection, despite the increasing adoption of crypto cards for daily expenses.

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