WEEKLY WRAP · 2026-04-05
4 quick hits · market context · 8 cards updated
INDUSTRY
Crypto payment cards surged to a record $607M in monthly transaction volume in March 2026, a 211% increase year-over-year. RedotPay led with ~$375M, followed by Ether.fi ($60M) and KAST ($58M). Active addresses approached 300K with 2.77M transactions processed. Visa dominates with 97% of volume; Tron leads blockchain settlement at 33.5%. The boom underscores how stablecoin-funded cards are going mainstream.
Source: Cryptonomist RedotPay → Ether.fi Cash → KAST Card →
RATES
KAST’s Season 6 launched April 1 with significant rate reductions: Standard dropped from 2% to 1%, Premium from 5% to 4%, and Luxe from 8% to 6% KAST Points. The separate 4% $MOVE cashback layer continues on all tiers. A 0% FX promo runs April 1–June 30. Founders tier is closing to new enrollments April 11. $KAST TGE remains pending with a Q2 2026 target.
Source: KAST KAST Card → Pengu Card →
LAUNCH
Fold’s no-annual-fee metal Visa credit card went live March 17 via Stripe and Celtic Bank. Cardholders earn 1.5% unlimited BTC back on all purchases, up to 4% total with BTC Pay and Auto-Stack bonuses on the first $2,000/month. Fold reported 34% revenue growth and 75K+ waitlist served. The card makes Fold the first publicly traded company (NASDAQ: FLD) to offer a bitcoin-only credit card.
Source: Bitcoin Magazine Fold Credit Card → Fold Card →
Market Context
The $607M monthly record confirms that crypto cards are now a meaningful payment vertical, not an experiment. The KAST Season 6 rate cuts, while expected, signal that early-adopter subsidy-era rewards are winding down as providers move toward sustainability. Fold’s bitcoin credit card is a bet that BTC-only rewards can compete in a market dominated by multi-token programs.
Cards updated this week: KAST Card → Fold Credit Card → SolCard → Robinhood Gold Card → Tap Global Card →
New cards added: Pengu Card → Bit2Me Card → X Money Card →
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