Odaily Planet Daily News: Leon Waidmann, head of onchain research, posted on X platform stating that the expansion speed of crypto payments has exceeded most people’s expectations. According to Dune Analytics data, Visa crypto card spending grew 525% in 2025, with net spending increasing from @14.6@ million dollars to @91.3@ million dollars.
He believes that consumer payments are only the beginning, with the larger transformation coming from the enterprise side. Enterprises are managing payments and collections onchain, seamlessly converting between cryptocurrencies and fiat currencies, running onchain treasuries, and generating yield from idle balances. Data confirms that cryptocurrencies are being used for actual payments rather than limited to trading, card payments eliminate friction and reduce complexity, and onchain balances are increasingly performing like currency. Cryptocurrencies are transitioning from an alternative to the financial system to its foundation.