CEX.IO Data: European encryption cards surpass traditional banks in the micro-payment sector

According to a report by Cointelegraph on June 28, deep tide TechFlow news indicates that 45% of encryption card transaction amounts in Europe are below €10 (approximately $11.7), surpassing traditional banks in the realm of small payments traditionally dominated by cash.

The report indicates that the number of new CEX.IO encryption card orders in Europe increased by 15% in 2025, suggesting that user interest is growing as more Europeans turn to using digital assets for everyday payments. The share of online transactions by encryption card users reached 40%, nearly double the average level in the eurozone (21%) according to data from the European Central Bank.

The spending patterns of encryption card holders show that they are using the cards for everyday expenses, with groceries accounting for 59% of purchases and dining and bar spending accounting for 19%. It is noteworthy that the average transaction amount for encryption cards is €23.7 ($27.8), lower than the €33.6 ($39) for bank cards. The data also shows that stablecoins supported 73% of transactions, while major cryptocurrencies like Bitcoin, Ether, Litecoin, and Solana were also used for groceries, dining, and transportation payments.