AVICI Surged as Visa Crypto Card Spending Jumps 525%

The surge in Visa crypto card spending is largely attributed to the rise in stablecoin usage and the emergence of platforms that enable more practical applications of digital assets. Stablecoins like USDC and USDT, which are pegged to the US dollar, provide reduced volatility and enable everyday transactions. Platforms like Avici and EtherFi are at the forefront of this trend, offering users the ability to spend their crypto holdings without converting them to fiat currency. These platforms have seen significant transaction volumes, with EtherFi accounting for the largest share at $55.4M. The growth of these platforms highlights a broader trend in which users interact with crypto assets more as practical tools for daily transactions than as speculative investments.

Visa has also expanded its stablecoin initiatives, such as offering USDC settlement services on the Solana blockchain and supporting stablecoin-based settlements in the EMEA region. These initiatives highlight Visa's broader strategy to integrate stablecoins into both backend payment systems and consumer spending.

What Risks Are Associated With Crypto Cards?

While the adoption of crypto cards is growing, several risks remain. Users must rely on the reliability of the card issuer, and the potential for high fees makes these cards more suitable for spending rather than savings. If the issuing company freezes accounts or fails, access to funds can be lost rapidly. This makes it crucial for users to treat these cards as spending tools rather than savings accounts.

Other risks include hidden fees, such as conversion spreads, ATM charges, and foreign transaction costs. These can add up over time, especially for frequent users. Users are advised to proceed with caution and avoid storing critical funds like rent or bills on a crypto card. Despite these challenges, the growing adoption of crypto cards reflects a shift in how users interact with digital assets, with crypto moving beyond experimentation toward routine financial use.

What is the Role of Avici in the Crypto Payments Ecosystem?

Avici, a Solana-based neo-bank, has played a significant role in the growing adoption of crypto cards. The platform offers self-custody Visa cards that enable users to spend their crypto holdings without selling them. This feature, combined with instant credit lines backed by crypto, has contributed to its rapid adoption. Despite launching in September 2025, Avici has already processed over $7M in spending, indicating strong demand for its services.

The rise of platforms like Avici highlights a broader trend in which users interact with crypto assets more as practical tools for daily transactions than as speculative investments. Avici's success is also part of the neobank narrative, which aims to bridge the gap between blockchain and traditional finance. By simplifying the use of crypto for everyday transactions, Avici and similar platforms are helping to mainstream digital assets. However, these platforms are still in their infancy, and users should proceed with caution, treating these cards as spending tools rather than savings accounts.

The continued growth of Avici and similar platforms will likely shape the future of crypto adoption, as more users seek practical applications for digital assets. This trend underscores the importance of stablecoins and the need for robust, secure, and user-friendly platforms that can support the growing demand for crypto-linked payment products.