Odaily Planetary 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 increased by 525% in 2025, with net spending growing from $14.6 million to $91.3 million.
He believes that consumer payments are only the beginning, with greater changes coming from the enterprise side. Enterprises are managing payments and collections on-chain, seamlessly converting between cryptocurrencies and fiat currencies, running on-chain treasuries, and generating yields 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 on-chain balances are increasingly behaving like currency. Cryptocurrency is transitioning from being an alternative to the financial system to becoming its foundation.