In the third quarter of 2026, total spending via stablecoin-backed cards reached $4,31 billion, marking a 33% increase from the $3,24 billion recorded in the second quarter.
TRON emerged as the leading network for these transactions, processing approximately $998 million, which accounts for 23.2% of the total market volume.
The Base network followed with $636 million in volume, while BNB Chain secured the third position with approximately $469 million. Together, these three networks handled nearly half of all card transactions.
Tether's Plasma payment network demonstrated significant growth, generating $236 million in volume, a 250% increase compared to the previous quarter.
