Global Stablecoin Payment Cards Reach a Cumulative Consumption of Over $10.9 Billion
2026-08-30 17:50:15
According to CoinMeta, Wu said that he learned from a report released by the stablecoin payment institution redot that, according to paymentscan data, the cumulative consumption amount of global stablecoin payment cards has exceeded $10.9 billion. The industry's monthly processing volume has soared from $60,000 per month three years ago to about $10.9 billion being processed in just four minutes today. In July 2026, a record high for single-month consumption was set in the industry. The report also pointed out that a gradually clearer regulatory environment and significant improvements in user experience and deposit/withdrawal channels are the main reasons for the industry's explosive growth, and predicted that it will only take 8 months to reach the next $10 billion in consumption. By 2028, the annual consumption amount of stablecoin cards is expected to reach $50 billion.
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