Stablecoin adoption grows among users but NoOnes sees flat demand for virtual cards.
Research from NoOnes shows that usage of its Virtual Visa card product has remained consistent over the past two years, but it has not spiked along with the rise of stablecoins. Previous research showed stablecoins usage across the NoOnes platform has risen from around 35% of all trades to 60%.
As stablecoins such as USDT and USDC continue to gain global adoption, NoOnes says products that connect crypto and traditional finance are becoming increasingly important for users across Africa, Asia and the broader Global South.
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According to industry estimates, the global stablecoin market now exceeds $315 billion, with USDT and USDC representing the overwhelming majority of the sector. While stablecoins have created a new digital dollar economy, traditional payment networks continue to dominate merchant acceptance worldwide. Visa alone reaches millions of merchants globally and serves billions of users.
NoOnes has always believed that crypto succeeds when people can actually use it, and crypto users increasingly want practical ways to connect digital assets with everyday spending.
Stablecoins allow people to store value and receive payments globally, and products like Virtual Visa cards allow them to spend those funds almost anywhere. The future is not crypto versus traditional finance – it’s crypto connected to traditional finance.
Visa itself has increasingly embraced stablecoin infrastructure, expanding support for stablecoin-linked cards and settlement capabilities as demand grows. Visa currently supports more than 130 stablecoin-linked card programs worldwide and continues to expand its partnerships across the sector.
NoOnes believes this trend is particularly important in emerging markets, where millions of users receive freelance income, remittances and business payments in stablecoins, but still rely on existing financial infrastructure for daily spending.
NoOnes Virtual Visa cards provide users with:
• Global spending access using stablecoins.
• A simple connection between crypto wallets and traditional merchants.
• Reduced dependence on local banking limitations.
• Greater financial flexibility for remote workers, entrepreneurs, and international users.
NoOnes plans to increase awareness of Virtual Visa products throughout 2026 as part of a broader strategy focused on practical crypto adoption.
The real opportunity is not in replacing the financial system. It is connecting billions of people to the system that already exists.
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