Stablecoin card spending exceeds $1.1 billion in September

Tracked stablecoin-linked card spending exceeded $1.1 billion in September 2026. While the total volume increased from $759 million in July, the number of recorded transactions saw a slight decline to 11 million in September compared to August. The average transaction size rose to approximately $107.

RedotPay led the tracked programs with $401.9 million in spending. Other notable contributors included EtherFi with $127.4 million, KAST with $113.1 million, Karta with $48.7 million, and Wirex One with $46.9 million. On-chain activity totaled $788.9 million, with Base accounting for the largest share at $216.8 million.

In the broader digital asset market, Visa Onchain Analytics reports that over $272 billion in stablecoins are currently in circulation, with an adjusted transaction volume of approximately $10.2 trillion over the past 12 months. As the scale of these assets grows, there is an increasing demand for integrated digital asset management platforms that can handle complex workflows, such as asset conversion, address verification, and transaction reconciliation, within a single system.