Stablecoin card spending reaches record $189M in week of Sept 14

Stablecoin card spending hit $189 million during the week of September 14, marking a fresh record at that time for a metric that has since continued its upward tear. To put the trajectory in context, weekly volumes have blown past the $200 million mark multiple times in 2026. The week of August 14-20 clocked $281.7 million, and the following week pushed even higher to $288 million. Monthly totals crossed $1 billion in both July (roughly $1.04 billion) and August ($1.116 billion). Who’s spending what, and where USDC and USDT together accounted for approximately 84% of transaction volume in July, with USDC pulling about 58% and USDT around 26%. The average transaction size hovers around $86. Visa processes the vast majority of these transactions, working across a network of more than 130 linked card programs globally. When roughly 9 to 10 million stablecoin transactions occur each month, and most of them flow through a single card network, you’re no longer looking at a pilot program. The providers driving volume A handful of issuers have carved out dominant positions. RedotPay led the pack in July with approximately $395 million in tracked volume. EtherFi followed at around $100 mill...