Major exchanges and fintech companies are aggressively expanding into the space. OKX launched its Mastercard-backed stablecoin payment card earlier this year in Europe, while Visa and Stripe-owned Bridge recently announced plans to roll out stablecoin-linked cards across more than 100 countries.

What makes the shift important is that users can now spend crypto seamlessly without merchants needing to directly accept blockchain payments. Instead of replacing traditional financial rails, crypto is increasingly integrating into the existing payment infrastructure through stablecoins and global card networks.