Global Stablecoin Card Market·snapshot 2026-09
$19.4M↑ 12.5% MoM
Stablecoin-card spend · last 24h · indexed across 19 live programs
KAST controls 30.3% market share
Spend 57% · top-ups 43% of activity
24 cards tracked across the market
19 programs live in the last 24h
Card market volume · monthly Live
$1.6B↑ 12.5% MoM
$1.8B$881M$0
12 mo agonow
👑Market Leader
$5.9M↑ 20%
30.3% market share
🚀Fastest Growth
+81%MoM
Real monthly increase
🌍Active Programs
19 live
19live
of 24 cards tracked
🔥Largest Spend Day
This month
$19.4Mrecord
Highest daily volume
Trends
Card market over time
Card market · monthly volume Live
Top 10 cards stacked · Sep 23 – Oct 26 · click a card to isolate it
Intelligence
What's happening in the card market
01
KAST now controls 30.3% of all stablecoin-card volume.
02
Top-ups account for 43% of card activity today; spend is 57%.
03
The three largest programs carry 70% of total volume.
04
Plasma One is gaining share — up 81% month-over-month.
05
19 of 24 tracked cards recorded live spend in the last 24 hours.
Market share
Who moves the volume
Share of card volume · 24h
1
KAST
30.3%$5.9M
2
RedotPay
27.1%$5.3M
3
Karta
12.9%$2.5M
4
EtherFi
11.6%$2.2M
5
Plasma One
5.3%$1.0M
6
Kolo
4.3%$830K
7
Tria
2.8%$553K
8
Gnosis
1.4%$263K
Spend vs Top-ups · 24h
57%
of card activity is real spend (settlement), not loading funds.
Spend $11.0MTop-ups $8.4M
Live split of on-chain card flow · merchant settlement vs wallet top-ups
Movers
Today's winners & losers
Top growth · MoM▲ Gainers
1Plasma One$1.0M+81%
2KAST
$5.9M+20%
3Tria
$553K+20%
4Karta$2.5M+13%
5
Avalanche Card
$111K+12%
Top decline · MoM▼ Decliners
1Gnosis
$263K-9%
2
Tuyo
$106K-4%
The long game
Card volume has compounded for months
Card volume · by month (all cards)
Leaderboard
The full market, ranked
Cards by volume
| # | Card | Issuer | Metric | Vol · 24h | Market share | Status |
|---|---|---|---|---|---|---|
| 1 | KAST | Rain | spend | $5.9M | 30.3% | ● live |
| 2 | RedotPay | RedotPay | top-ups | $5.3M | 27.1% | ● live |
| 3 | Karta | — | top-ups | $2.5M | 12.9% | ● live |
| 4 | EtherFi | Rain | spend | $2.2M | 11.6% | ● live |
| 5 | Plasma One | Rain | spend | $1.0M | 5.3% | ● live |
| 6 | Kolo | Rain | spend | $830K | 4.3% | ● live |
| 7 | Tria | Rain | spend | $553K | 2.8% | ● live |
| 8 | Gnosis | Gnosis Pay | spend | $263K | 1.4% | ● live |
| 9 | Avici | — | top-ups | $161K | 0.8% | ● live |
| 10 | Avalanche Card | — | top-ups | $111K | 0.6% | ● live |
| 11 | Exa | Exactly | spend | $109K | 0.6% | ● live |
| 12 | Tuyo | — | top-ups | $106K | 0.5% | ● live |
| 13 | MetaMask | Baanx | spend | $104K | 0.5% | ● live |
| 14 | Bitget Wallet | — | top-ups | $98K | 0.5% | ● live |
| 15 | Solayer | — | top-ups | $53K | 0.3% | ● live |
| 16 | SafePal | — | top-ups | $41K | 0.2% | ● live |
| 17 | Phantom Cash | Bridge | top-ups | $33K | 0.2% | ● live |
| 18 | BFinance | — | top-ups | $21K | 0.1% | ● live |
| 19 | Hyperbeat | — | top-ups | $12K | 0.1% | ● live |
| 20 | Cypher | Immersve | top-ups | — | 0.0% | inactive |
| 21 | Holyheld | — | top-ups | — | 0.0% | inactive |
| 22 | Bleap | — | spend | — | 0.0% | inactive |
| 23 | Oobit | — | top-ups | — | 0.0% | inactive |
| 24 | Nexo Card | — | top-ups | — | 0.0% | inactive |
spend = onchain card settlement · top-ups = card-load volume (an upper bound). Toggle 24h / monthly above.
Adoption
Are people actually using these cards?
519.8K active · 2026-09▼ 14% MoM
Monthly active card users
Live
Card spend, right now
Card spend · EVM
Bleap
Card spend · EVM
EtherFi
Card spend · EVM
EtherFi
Card spend · EVM
EtherFi
Card spend · EVM
EtherFi
Card spend · EVM
EtherFi
Directory
Every card we track
24 cards, ranked by volume. Fees & coverage shown for profiled cards; the rest are tracked by volume.
| # | Card | Vol · ref | Txns · 24h | Cashback | FX fee | ATM | Countries | Score |
|---|---|---|---|---|---|---|---|---|
| 1 | Cashback at mid-to-high spend, global coverage | $5.9M | — | 1.5% | 0.9% | 2.0% | 15 | 88 |
| 2 | Emerging-market spending & wide global access | $5.3M | — | — | 1.2% | 2.0% | 14 | 80 |
| 3 | $2.5M | — | — | — | — | — | — | |
| 4 | DeFi-native spenders who want custody, yield and strong cashback | $2.2M | — | 3.0% | 1.0% | 2.0% | 6 | 89 |
| 5 | $1.0M | — | — | — | — | — | — | |
| 6 | $830K | — | — | — | — | — | — | |
| 7 | $553K | — | — | — | — | — | — | |
| 8 | EU users who want true self-custody and no FX fee | $263K | — | 2.0% | 0.3% | 2.0% | 4 | 87 |
| 9 | $161K | — | — | — | — | — | — | |
| 10 | $111K | — | — | — | — | — | — | |
| 11 | $109K | — | — | — | — | — | — | |
| 12 | $106K | — | — | — | — | — | — | |
| 13 | MetaMask users spending self-custodial balances (incl. US) | $104K | — | 1.0% | 1.0% | 2.0% | 9 | 86 |
| 14 | $98K | — | — | — | — | — | — | |
| 15 | $53K | — | — | — | — | — | — | |
| 16 | $41K | — | — | — | — | — | — | |
| 17 | $33K | — | — | — | — | — | — | |
| 18 | $21K | — | — | — | — | — | — | |
| 19 | $12K | — | — | — | — | — | — | |
| 20 | EU users wanting 0% FX and strong USDC cashback | — | — | 2.0% | 0.0% | 2.0% | 3 | 83 |
| 21 | EEA/UK users wanting a credit-line + cashback in one card | — | — | 2.0% | 0.5% | 2.0% | 4 | 83 |
| 22 | Chain-agnostic self-custody spenders | — | — | 1.0% | 1.8% | 3.0% | 10 | 81 |
| 23 | EU users wanting a self-custodial IBAN + card with no FX markup | — | — | 0.5% | 0.0% | 2.5% | 3 | 80 |
| 24 | Tap-to-pay everyday crypto spending | — | — | 1.0% | 1.0% | No | 3 | 77 |