CoinVoice has learned that, according to Artemis research report, cryptocurrency cards have become a key channel for stablecoin usage, with an annualized transaction volume of $18 billion, approaching the $19 billion scale of peer-to-peer stablecoin on-chain transfers.

Currently, Visa dominates the market, accounting for over 90% of transactions. Despite rapid growth, Artemis believes that in the short term, cryptocurrency direct payments will still find it difficult to completely replace traditional card networks.