Global stablecoin payment card spending reached $1.231 billion in September, with RedotPay's market share dropping to 33%.

In September 2026, global stablecoin payment card spending reached $1.231 billion, with total spending in the third quarter at approximately $3.394 billion. RedotPay's spending in September was about $403 million, and its market share dropped from around 85% to about 33%. Stablecoin payment cards are highly dependent on traditional card organizations, with Visa processing the vast majority of transactions.