$50 Billion Target: Stablecoin Card Payments Set for Explosive Growth

Hong Kong-based RedotPay announced on August 25 that cumulative transaction volume on stablecoin-linked cards surpassed $10.9 billion as of that date.

This figure, based on data from Paymentscan, underscores how rapidly the market has expanded since its initial launch roughly three years ago.

The entire industry's monthly settlement volume was only about $60,000 when RedotPay began offering cards, but it now processes this amount in just four minutes, with a record high for monthly stablecoin card transaction volume reportedly reached in July 2026.

RedotPay attributes the market expansion to increased regulatory clarity and improvements in user interfaces and on-ramp and off-ramp services that convert between fiat currency and crypto assets.