# Stablecoin card spending hit $1.23B in September as RedotPay’s share fell to 33%

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Spending through stablecoin-funded payment cards reached approximately **$1.231 billion in September 2026**, according to figures reported by Odaily and republished by KuCoin. The single-month total exceeded the reported total for all of 2024, while cumulative third-quarter spending reached approximately **$3.394 billion**.

RedotPay accounted for approximately **$403 million** of September spending. Its market share was estimated at about **33%**, down from roughly 85% earlier. The report does not specify the earlier period used for that comparison.

The figures also show that stablecoin card transactions continue to rely heavily on traditional card networks, with Visa processing the vast majority according to the report. These are historical September market figures, not a new announcement of RedotPay card terms or October transaction volumes.

## Sources

- [单月规模超2024年全年，9月稳定币支付卡消费额达12.31亿美元，RedotPay份额降至33%](https://www.odaily.news/zh-CN/newsflash/528519)
- [Stablecoin payment card spending reached $1.23 billion in September 2026, surpassing the total for all of 2024](https://www.kucoin.com/news/flash/stablecoin-payment-card-spending-hits-1-23b-in-september-2026-surpassing-2024-s-annual-total)

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- **As of:** 29 Oct 2026
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Please cite: Source: cryptovss.com (cryptovss), as of 29 Oct 2026, https://cryptovss.com/en/news/stablecoin-card-spending-september-2026-redotpay-share/