Crypto users are increasingly moving their balances from exchanges directly to retail cash registers. Recent data from Paymentscan published by RedotPay on August 25 shows cumulative spending via stablecoin cards has surpassed the $10.9 billion mark. Of that cumulative total, over $1 billion was processed in July 2026 alone, marking the highest volume period in the entire tracking dataset.
Monthly momentum has surged dramatically. Three years ago, the card sector processed only around $60,000 per month. That figure has now climbed to an average of $1.04 billion monthly. Compared to July 2025’s $339.4 million, this latest spending volume marks a more than threefold increase. In terms of currency composition, USDC dominated 58% of onchain spending in July, followed by USDT at 26%. Conversely, the share of euro-pegged stablecoins has dwindled to roughly 2%.
Small-Ticket Spending Patterns
The average transaction size across millions of card swipes stands at around $86. This small ticket size supports the argument that stablecoin cards are increasingly used to fund daily purchases just like conventional debit cards, moving away from their original perception as pure investment instruments.
Conventional payment infrastructure plays a key role in expanding this reach. Visa reported that stablecoin-linked card networks can now operate across more than 175 million merchant locations. Through background instant conversion systems, customers can seamlessly pay from their digital dollar wallets, while store owners receive funds in local currency without ever having to handle crypto assets directly.
RedotPay also reported that its own user base has now surpassed 8 million people. The company posted an annualized payment volume of over $14 billion, reflecting all capital deposit activity into user accounts. At this rapid pace, they project the broader industry will generate its next $10 billion in just eight months - a significantly shorter timeframe compared to the three years it took to reach the first $10 billion.
Frontlines Beyond Developed Markets
This adoption surge is by no means driven by traditional Western financial hubs. RedotPay co-founder Jonathan Chan stated that Latin America ranks as the top market with the highest adoption and growth potential, with Africa following closely in second place.
Looking ahead, RedotPay estimates annualized spending across these card networks will climb toward $50 billion by 2028. If that scenario plays out, massive digital dollar inflows will flow into millions of cash registers each year, blurring the boundary between blockchain assets and everyday mediums of exchange.
Sourced from crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
