Stablecoin payment volume surges 45% to $482 billion as Mastercard, Stripe, and Visa successively integrate stablecoin payments

Odaily Report: Although stablecoin circulating supply saw almost no growth in the first nine months of 2026, their payment use is accelerating. During the same period, stablecoin payment volume reached $482 billion, up 45% year-over-year; the number of payment transactions rose to over 1 billion, up 71% year-over-year. On-chain stablecoin card spending reached $3.9 billion, 10 times that of the same period last year, with small purchases under $50 accounting for 84% of the incremental card transaction growth. This week, Mastercard, Stripe, and Visa successively launched services to integrate stablecoins into existing payment systems. Of the $97.9 trillion in raw transfers in the first three quarters, only 2.5%—or $2.4 trillion—represented end-user activity, and the $482 billion figure represents payment volume under that measure; stablecoin card spending in Q2 accounted for only 0.03% of Visa's $4 trillion in payment volume during the same period.