Phemex CEO: Why Crypto Cards Should Work Like Trading Infrastructure

Crypto Insight Summary: According to Artemis Analytics, crypto card transaction volumes grew from roughly $100 million per month in early 2023 to over $1.5 billion by late 2025. For most of that period, the category competed primarily on perks, cashback tiers, and lifestyle incentives. However, Phemex is taking a different approach with its newly launched Phemex Card, built Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Crypto card adoption growth signals increased mainstream crypto usage, benefiting exchange platforms.