Stablecoin card spending to hit $50 billion a year by 2028, RedotPay says

AI digestMimile.ai EditorialAugust 25, 2026 at 12:06 PM

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Stablecoin card spending to hit $50 billion a year by 2028, RedotPay says

Global stablecoin card spending is expected to quadruple to $50 billion a year by 2028, stablecoin payments company RedotPay said on Tuesday. The projection comes as stablecoin card spend crossed $1 billion in July, a record month, based on data from crypto payment card analytics company Paymentscan.

Key Facts

RedotPay projects global stablecoin card spending will reach $50 billion a year by 2028.
Stablecoin card spend crossed $1 billion in July, a record month, according to Paymentscan data.
RedotPay has over 8 million users worldwide and an annualised payment volume of over $14 billion.
Latin America has the highest adoption and greatest growth potential for stablecoin cards, followed by Africa, according to RedotPay co-founder Jonathan Chan.

Growth Drivers

RedotPay co-founder Jonathan Chan said the fastest markets are not necessarily those with the highest crypto penetration. Growth is driven by real payment pain, easy stablecoin access, strong fiat off-ramps, and regulatory clarity, Chan said. Latin America has the highest adoption and greatest potential for growth at the moment, followed by Africa.

Company Metrics

RedotPay has over 8 million users worldwide. The company's total annualised payment volume, including top-ups and card spends, stands at over $14 billion. Stablecoin card spend crossed $1 billion in July, marking a record month based on Paymentscan data.

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Stablecoin card spending to hit $50 billion a year by 2028, RedotPay says

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Stablecoin card spending to hit $50 billion a year by 2028, RedotPay says

Key Facts

Growth Drivers

Company Metrics

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