THE 2025 CRYPTO CARD COMPARISON

Summary from the TLDR Crypto newsletter

The crypto card market is evolving beyond simple prepaid wrappers toward solutions that leverage crypto's core advantages, with new offerings in 2025 focusing on four key differentiators: custody, yield generation, multi-chain flexibility, and privacy. EtherFi Cash leads the DeFi-native approach by allowing users to spend directly from yield-generating vaults – earning 9-12% on USDC while maintaining 3%+ cashback – while PAYY prioritizes privacy through zero-knowledge settlement, and Cypher enables spending across 500+ tokens on 18+ chains. Traditional players like Coinbase are also entering with mainstream credit card offerings featuring crypto rewards.