Odaily Planet Daily News: Leon Waidmann, Head of Onchain Research, posted on the 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 by 525% in 2025, with net spending increasing from $14.6 million to $91.3 million.
He believes that consumer payments are just the beginning, with greater transformation coming from the enterprise side. Enterprises are managing payments and receivables onchain, seamlessly converting between cryptocurrencies and fiat currencies, running onchain treasuries, and leveraging idle balances to generate yield. 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 functioning like money. Cryptocurrency is transitioning from an alternative to the financial system to its foundation.