Stablecoin Payment Card Spending Hits $1.23B in September, RedotPay Market Share Falls to 33%

According to Odaily, global stablecoin payment card spending reached approximately $1.231 billion in September 2026, exceeding the entire 2024 annual volume. RedotPay processed about $403 million in transactions, with its market share declining from approximately 85% to 33%.

Third-quarter cumulative spending reached $3.394 billion. Visa handled the majority of stablecoin payment card transactions across platforms.

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