OKX Card Data Shows Crypto Funding Everyday Spending in Europe

OKX Card converts stablecoins into fiat at checkout through the Mastercard network, allowing merchants to accept payments without holding crypto directly. Crypto cards in Europe are shifting from a tool for cashing out investments to one for everyday payments. A 2025 Cex.io report found that about 45% of transactions were below €10, underscoring the importance of small purchases as a use case.

On May 6, 2026, OKX released data from the card's first month, covering settled transactions in the European Economic Area from January 28 to February 26. Supermarkets and groceries accounted for 26%, while restaurants and fast food made up 18%. Online marketplaces represented 30% of spending in Germany, supermarkets 37% in the Netherlands, and convenience stores and gas stations 16% and about 9%, respectively, in Poland.