Stablecoin Card Spending Has Surged to $1 Billion a Month

Stablecoin Card Spending is Taking Off

Stablecoins are increasingly moving beyond their crypto trading roots and into everyday spending. Since July 2026, stablecoin card spending has topped $1 billion a month, marking a new milestone.

This graphic, created in partnership with Plasma, shows monthly spending volume since 2023.

Stablecoin Card Spending Over Time

In October 2023, stablecoin card spending was under $1 million per month. By September 2026, it had grown nearly 2,000-fold, reaching over $1.2 billion per month.

A major factor influencing this growth has been the development of stablecoin payment infrastructure. Visa first began testing stablecoins in 2021 and has since set up programs that directly integrate stablecoin cards with its global network. 

This means people can easily spend stablecoins at millions of merchants worldwide, wherever Visa is accepted.

The Future of Global Money Movement

Stablecoin cards bridge the gap between digital dollars and everyday spending. While they work much like traditional cards at checkout, the funds behind them are held in stablecoins.

They have many benefits:

• Spend digital dollars directly: Stablecoin holders can make everyday purchases without first manually converting their balance and transferring it to a bank account.
• Hold dollars, spend locally: Dollar-denominated stablecoins can be held digitally and spent in local currencies through existing card networks. This helps people in high-inflation countries retain purchasing power.
• Connect onchain money to everyday purchases: Merchants don’t need to accept stablecoins themselves. The conversion happens behind the scenes, allowing them to receive a conventional card payment.

Despite the rapid growth, the category remains small compared with the wider card market. Stablecoin-linked cards processed just 0.04% of Visa’s total payment volume in 2025.

That suggests stablecoin cards could still have considerable room to grow as more people discover their benefits.

Spend in over 180 countries and earn up to 4% cashback with a Plasma One card.