Recently, Infini Card — once seen as a fast-growing crypto payment player — abruptly shut down its global crypto card business. The shutdown has reignited industry concerns over the sustainability of crypto payment business models. Thin cash flows, shrinking profit margins, rising compliance costs, and elevated settlement expenses ultimately overwhelmed the platform’s financial capacity. But while Infini’s collapse is still fresh, a new wave of platforms is emerging with even more complex fin...

Recently, Infini Card — once seen as a fast-growing crypto payment player — abruptly shut down its global crypto card business. The shutdown has reignited industry concerns over the sustainability of crypto payment business models. Thin cash flows, shrinking profit margins, rising compliance costs, and elevated settlement expenses ultimately overwhelmed the platform’s financial capacity. But while Infini’s collapse is still fresh, a new wave of platforms is emerging with even more complex fin...