Crypto Cards Outpace Banks for Micro-Payments in Europe
From Cointelegraph
June 28, 2025 08:04:00 AM:
Crypto cards in Europe are outperforming traditional banks for small purchases, with 45% of transactions under 10 euros. CEX.IO reports a 15% increase in new crypto card orders in 2025. European Central Bank data shows 21% of card payments are online, while crypto card users conduct 40% of transactions online.
Crypto cardholders are using their cards for everyday spending, with groceries making up 59% of purchases. The average crypto card transaction is 23.7 euros, lower than bank cards at 33.6 euros. Stablecoins power 73% of transactions, with Bitcoin, Ether, Litecoin, and Solana also being used.
Barclays plans to ban crypto transactions on its Barclaycard credit cards due to concerns about market volatility and lack of investor protections. The bank highlighted the risks of consumers falling into unmanageable debt with no recourse through financial services if issues arise.
Read more at Cointelegraph: Crypto Cards Outpace Banks for Micro-Payments in Europe