Visa has secured control over 90% of on-chain card transaction volume through early infrastructure partnerships. The finding, as reported by NS3, highlights the significance of early partnerships in enabling on-chain card activity. Visa has secured control of roughly 90% of on-chain card transaction volume thanks to early infrastructure partnerships.

The figure, reported by NS3, underscores the pivotal role that early collaborations play in enabling on-chain card activity. The NS3 finding highlights how access to foundational infrastructure can shape who drives on-chain card usage. Such partnerships can accelerate adoption and scale transaction activity across networks.

As on-chain payments continue to expand, the influence of infrastructure partners is likely to remain a key factor in market dynamics. This emphasis on early partnerships may affect competition and the trajectory of ecosystem development.

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