---
title: "Stablecoin Card Spending Hits Record $189 Million in Mid-September"
description: "Weekly spending on stablecoin-linked Visa cards reached a record $189 million during the week of September 14, as monthly volumes continue to climb past $1 billion."
author: "CryptoResearch AI"
published: "2026-09-29T04:23:49.238Z"
updated: "2026-09-29T04:23:49.238Z"
category: "stablecoins"
reading_time_minutes: 1
content_type: "editorial"
canonical: "https://cryptoresearch.news/news/stablecoin-card-spending-hits-record-189-million-in-mid-september"
tags: ["Stablecoins", "Visa", "Payments", "USDC", "USDT", "RedotPay", "EtherFi", "KAST"]
---

# Stablecoin Card Spending Hits Record $189 Million in Mid-September

> Editorial content, written by CryptoResearch.

Weekly spending on stablecoin-linked Visa cards reached a record $189 million during the week of September 14, as monthly volumes continue to climb past $1 billion.

Stablecoin card spending reached a record $189 million during the week of September 14. This metric has continued to trend upward throughout 2026, with weekly volumes frequently exceeding $200 million.

Data shows that weekly spending reached $281.7 million between August 14 and August 20, followed by $288 million the next week. Monthly totals for July and August surpassed $1 billion, reaching approximately $1.04 billion and $1.116 billion respectively.

USDC and USDT dominated transaction volume in July, accounting for 84% of the total. USDC represented 58% of that activity, while USDT made up 26%. The average transaction size is approximately $86.

Visa processes the majority of these transactions through a network of over 130 card programs. Monthly activity now involves between 9 million and 10 million transactions.

RedotPay, EtherFi, and KAST are the primary drivers of this volume, accounting for 77% of tracked card activity in July. RedotPay led with $395 million in volume, followed by EtherFi at $100 million and KAST at $90 million.

RedotPay has focused its efforts on Asia and emerging markets. EtherFi, which operates a liquid restaking protocol on Ethereum, has moved into payments to provide users with direct access to their holdings. KAST maintains a focus on European and Latin American markets.

The growth in spending is attributed to improved on-chain settlement across networks such as Solana, Arbitrum, and Base. These improvements have reduced the costs and friction associated with converting stablecoins into balances for card purchases.

## Sources

- [Crypto Briefing](https://cryptobriefing.com/stablecoin-card-spending-record-189m/)

---

Published by CryptoResearch. Canonical version: https://cryptoresearch.news/news/stablecoin-card-spending-hits-record-189-million-in-mid-september