September Stablecoin Card Spending Reaches $1.231 Billion, Exceeding 2024 Total; RedotPay Share Falls to 33%

Global stablecoin payment card spending reached about $1.231 billion in September 2026, exceeding the total for all of 2024. According to Odaily, third-quarter spending totaled about $3.394 billion. RedotPay processed about $403 million in September, with its market share falling from about 85% in its early period to approximately 33%. Stablecoin payment card transactions remained heavily reliant on traditional card networks, with Visa processing the vast majority.