Artemis: Pay with cryptocurrency cards surpasses P2P stablecoin transfers

According to the report released on January 15th by Artemis, payments made with crypto-linked cards have surpassed stablecoin transfers on the (P2P) platform to become the main driver of on-chain stablecoin activity. Data shows that the volume of stablecoins passing through crypto cards is now higher than direct wallet-to-wallet transactions, reflecting a structural shift in actual usage.

Stablecoin payments via cards have reached over $15 billion per month, compared to approximately $11 billion for P2P. Although P2P still maintains steady growth—especially in remittances and cross-border payments—spending via cards is increasing faster due to broader merchant acceptance and tight integration with existing payment infrastructure. Most stablecoin card transactions are settled through major card networks, enabling users to spend USD-pegged tokens without requiring merchants to accept crypto directly.