Monthly Volume Exceeds Full-Year 2024, September Stablecoin Payment Card Spending Reaches $1.231 Billion, RedotPay Share Drops to 33%

Odaily reports that in September 2026, global stablecoin payment card spending reached approximately $1.231 billion, with single-month volume surpassing the full-year 2024 level, and cumulative third-quarter spending of about $3.394 billion. RedotPay's spending for the month was approximately $403 million, with its market share dropping from an early ~85% to about 33%. Stablecoin payment card transactions remain highly dependent on traditional card networks, with Visa processing the vast majority of transactions.