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      Stablecoin Card Recharge Amount Reaches $13.8 Billion

      As of August, the total recharge amount for stablecoin cards associated with USDC and USDT has reached $13.8 billion, marking an increase of nearly $10 billion over the past year. This growth indicates a shift in the use of stablecoins from trading balances to everyday consumption scenarios.

      USDC currently leads in card spending, benefiting from fintech integration and robust payment infrastructure. Meanwhile, USDT is gaining traction, particularly in exchanges, remittances, and emerging markets. The two stablecoins exhibit different usage patterns, reflecting their unique market positions.

      On-chain settlements reveal a multi-chain distribution, with the Base network leading at approximately $1.2 billion in transactions. Other notable networks include Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Additionally, networks such as Arbitrum, Scroll, Ethereum, and Stellar are also experiencing significant activity.

      Despite the rise of stablecoin cards, they continue to rely on traditional payment networks like Visa and Mastercard. The competitive landscape is evolving, focusing on custody solutions, foreign exchange costs, cashback incentives, and capital efficiency. Circle has also renewed its partnership with Coinbase for USDC under the original terms, excluding any dividend arrangements.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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