
Why Emerging Markets Matter: From Crypto Cards to Headless Merchants
Jun 30, 2026
Total Payment Volume
26.1M
Total Transactions
1.8M
Total Addresses
23
Active Projects
Volume History
Feb 2024
Gnosis Pay ships first cards in Europe
Mar 2024
USDT supply tops $100B
Jun 2024
EU MiCA stablecoin rules take effect
Jul 2024
KAST stablecoin money app launches
Sep 2024
Ether.fi launches “Cash” Visa card
Oct 2024
Stripe to acquire Bridge for $1.1B
Dec 2024
Holyheld raises to launch BRRR protocolFeb 2025
Stripe closes $1.1B Bridge acquisition
Mar 2025
RedotPay raises $40M Series A
Apr 2025
Circle announces Payments Network (CPN)
Ether.fi rolls out Cash cards in the U.S.May 2025
Circle Payments Network goes live
Stripe launches stablecoin accounts in 101 countries
Hong Kong passes Stablecoins OrdinanceJun 2025
Ether.fi Cash hits $10M daily volume
Jul 2025
GENIUS Act signed into law
Bitget Wallet launches zero-fee MastercardAug 2025
Mastercard expands Circle stablecoin settlement (EEMEA)
Sep 2025
Dec 2025
Kolo hits $250M volume, launches corporate cards
Kolo launches Visa credit card with 5% BTC cashback
Visa launches USDC settlement in the USFeb 2026
RedotPay explores ~$1B US IPO
May 2026
Bitget Wallet brings USD crypto card to AfricaJun 2026
Key Events
| # | Name | ||||
|---|---|---|---|---|---|
| 1 | $475.9M | +6.84% | 50.9% | ||
| 2 | $199.0M | +13.93% | 21.3% | ||
| 3 | EtherFi | $108.8M | -3.90% | 11.6% | |
| 4 | $39.1M | +13.83% | 4.2% | ||
| 5 | $36.2M | +119.39% | 3.9% | ||
| 6 | $15.6M | -31.71% | 1.7% | ||
| 7 | Kolo | $10.4M | -1.10% | 1.1% | |
| 8 | $9.2M | -3.61% | 1.0% | ||
| 9 | Bitget Wallet | $7.5M | +7.92% | 0.8% | |
| 10 | $6.6M | -34.90% | 0.7% | ||
| 11 | Holyheld | $3.7M | -12.37% | 0.4% | |
| 12 | $3.7M | -16.54% | 0.4% | ||
| 13 | Avici | $3.3M | -20.94% | 0.4% | |
| 14 | $3.2M | -42.22% | 0.3% | ||
| 15 | $2.7M | -3.52% | 0.3% | ||
| 16 | $1.9M | -61.06% | 0.2% | ||
| 17 | $1.9M | -5.78% | 0.2% | ||
| 18 | $1.5M | +15.24% | 0.2% | ||
| 19 | $1.4M | -11.87% | 0.2% | ||
| 20 | $1.2M | -21.88% | 0.1% | ||
| 21 | $1.1M | -6.55% | 0.1% | ||
| 22 | $917.2K | -1.49% | 0.1% | ||
| 23 | $433.3K | +11.01% | 0.0% |
A Hong Kong–based crypto card platform that lets users top up with stablecoins and spend worldwide through Visa and Mastercard rails.
Crypto-native global money app with USD-style stablecoin (USDC/USDT) accounts and a Visa card built for everyday spending.

Cash product from EtherFi (a major liquid-restaking protocol) that turns restaked ETH yield into a Visa card you can spend anywhere.
Stablecoin-funded Visa card aimed at freelancers and users in emerging markets, with low-fee FX; issued via a bank partner (Banco Popular).
Stablecoin-native neobank built on Plasma — an L1 chain purpose-built for high-throughput, near-zero-fee USDT payments.
Self-custodial wallet plus payment card — abstracts chains and gas so users can hold stablecoins and spend without thinking about networks.

Crypto Visa card and USDT wallet that lets users spend BTC, ETH and stablecoins across 60+ countries, with real-time crypto-to-fiat conversion and BTC cashback.
Multi-chain, non-custodial Visa debit card — spend USDC and other stablecoins from your own wallet across ~15 chains including Ethereum, Base and Solana.

Bitget Wallet Card — the payment card from Bitget exchange's self-custody wallet, with broad chain coverage.
Self-custodial Visa debit card on Gnosis Chain — balances live in a Safe smart account as EURe, with Monerium handling fiat settlement at swipe.

European self-custodial Mastercard that converts stablecoin balances from your own wallet to EUR at swipe time across EU merchants.
MetaMask Card — the official card from the most-used EVM wallet, settling spend against on-chain balances held in your wallet.

Solana-native, self-custodial neobank — a Visa card tied to an on-chain smart wallet lets users top up with crypto and spend anywhere Visa is accepted while keeping custody.
Self-custodial crypto neobank app (UK/EEA) — spend USDC via Mastercard, with instant card issuance and mobile-first onboarding.
Self-custody hardware/software wallet brand that pairs a Visa/Mastercard card (via the Fiat24 banking gateway) with its mobile wallet for spending crypto balances.
Telegram-based crypto finance app that issues Visa and Mastercard cards worldwide, letting users spend crypto via Apple/Google Pay or plastic cards after KYC.
Self-custodial Visa card that spends USDC on Base — available across the US, EU and many LATAM/Caribbean markets.
On-chain credit card protocol built on Optimism — users post crypto collateral and spend a USDC credit line settled on-chain.
Non-custodial, collateral-backed Visa card from the Avalanche Foundation (with Rain) — spend USDC, USDT and AVAX held in your own wallet, anywhere Visa is accepted.
Solana (SVM) restaking project — the Emerald Visa card spends USDC deposits on-chain, with optional T-bill yield and Emerald rewards.
Phantom Cash — a self-custodial Visa debit card from Phantom, the leading Solana wallet, that spends its own USD-pegged CASH stablecoin balance.
Long-running Solana self-custody wallet that ships a companion card for spending SPL stablecoins.
HyperEVM-native consumer app — spend yield from HyperLiquid positions through a stablecoin-backed payment card.