What is the size of the Crypto Payment Market?
According to 6Wresearch internal database and industry insights, the crypto payment market wasexhibited at USD 22 billion in 2024 and is projected to reach USD 59 billion by 2031, expanding its landscape at a strong CAGR of 14.7% during the forecast period 2025–2031.
The market is growing rapidly on the account of digital assets gain traction as a payment methodacross retail, e-commerce, gaming, travel, and B2B services. Crypto payment is powered by blockchain, crypto payments offer faster settlements, lower fees, and greater financial inclusion.
Key Growth Factors in Crypto Payment Market
- Growing use of crypto for remittances and cross-border commerce
- Integration of crypto wallets in e-commerce and PoS systems
- Growing trust in blockchain security and smart contracts
- Development of crypto debit cards and fiat-crypto bridges
- Increasing adoption of Bitcoin, Ethereum, and stablecoins
- Rising demand for borderless, real-time settlement alternatives to SWIFT
Crypto payments Market Trends
Between 2025 and 2031, the crypto payment market will witness massive infrastructure upgrades. Growth will be driven by merchant-facing APIs, instant conversion to fiat, and embedded payment modules. Stablecoins like USDT and USDC will dominate low-volatility payments, while Layer 2 blockchains (like Lightning Network and Polygon) reduce transaction fees. Governments and regulators are defining crypto taxation, AML/KYC rules, and consumer protection frameworks. Meanwhile, travel, retail, and B2B services are embracing decentralized payment gateways.
Major Companies in the Crypto Payment Market
- BitPay
- Coinbase Commerce
- Binance Pay
- MoonPay
- NOWPayments
- TripleA
- CoinGate
- OpenNode
Frequently Asked Questions About the Market Study (FAQs)
Crypto payments are used to access global customers, lower transaction fees, avoid chargebacks,
and gain first-mover advantage in digital finance.
The size of crypto payment market is estimated at USD 22 billion in 2024 and is projected to reach
around USD 59 billion by 2031.
Customers pay via wallet scans or QR codes.
Retail, gaming, luxury goods, software services, e-commerce, and travel are top industries adopting
crypto payments.
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