The leading source for stablecoin payment analytics. Featured in @a16zfrontier, @BinanceResearch, and more.
Joined February 2026
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JUST IN: @wirex_one is making new highs in October: $50.95M of card spend to date, above September's $47.56M.
Paying addresses rose to 22,725 from 18,553, after Wirex moved its legacy EEA app users over at the end of September.
See more Wirex One metrics: paymentscan.xyz/cards/wirex-…
The typical @ether_fi card payment is small: the median in October was $10.92, and 47.4% of payments were under $10.
Payments of $500+ were 2.2% of the count but 58.6% of total spend this month.
See more EtherFi metrics: paymentscan.xyz/cards/etherf…
We're thrilled to see our data featured in @1kxnetwork's Blockchain Revenue Report.
Stablecoin payments drive durable revenue across market cycles and give onchain balances added utility. The growth of stablecoin cards shows this best.
The annual 1kx Blockchain Revenue Report is out today.
Blockchain revenue is on track for $100B in 2026, down 28% with prices. Institutions and the broader economy now generate 30% of it. In Q3, broader-economy revenue passed blockchain infrastructure for the first time. Public companies earn 16%, up from 7% in 2022. A record 283 protocols paid token holders in Q3 through buybacks, burns or fee sharing.
The report covers 2,600+ protocols and 100+ public companies through Q3 2026.
Read it here: 1kx.capital/writing/revenue-…
JUST IN: Card volume settled on @Base hits record $236.6M in October with three days still to go, up 84.2% from March
How often did the median cardholder use their stablecoin card last week?
🥇 @ethenapay - 7X
🥈 @ether_fi - 5X
🥉 @wirex_one, @gnosispay - 4X
🏅 @exa_app, @MetaMask - 3X
🏅 @phantom - Cash 2X
JUST IN: RedotPay has reached 9M+ users as the first neobank to do so.
This is a significant milestone for stablecoin payments as a whole.
@RedotPay leads in card spend by a significant margin: $412M in 30-day volume
This is in contrast to the runner-ups @EtherFi and @KASTxyz at $136M and $116M respectively.
See Avalanche chain metrics: paymentscan.xyz/chains/avala…
Paymentscan retweeted
Who got the best deal in the $1.6B stablecoin infrastructure acquisition wave?
This is one of the main questions I had in mind as we built out this new @Paymentscan dataset on on- and off-ramps.
Here's what each acquirer paid relative to annualised stablecoin settlement volumes:
- @circle → Tazapay: $400M / $8B = 0.05x
- @Stripe → Bridge: $1.1B / $15.4B = 0.07x
- @moonpay → Iron: $100M+ / $322M = 0.31x+
These three ramps now process $23.7B in combined annualised volume, up more than 13x from $1.9B in January 2025.
Bridge went from near-zero tracked onchain volume to a $15.4B annualised run rate following Stripe's October 2024 acquisition.
Iron grew more than 13x, while Tazapay's volumes jumped 46% in September 2026, the month Circle announced its $400M acquisition.
The outlier among the three multiples is clearly Iron. Perhaps its true on- and off-ramp volumes are significantly higher after accounting for netting or untracked addresses. Or MoonPay just paid a significnat premium for the banking relationships.
Meanwhile, @Monerium, the only independent provider in our dataset, is also the only one with flat volume over the past 90 days.
90-Day Volume Change:
1. Tazapay: +126.6%
2. Iron: +64.1%
3. Bridge: +17.5%
4. Monerium: −0.1%
NEW: Stablecoin settlement data for leading on- and off-ramp providers is now available on Paymentscan.
Compare @Stablecoin, @tazapay, @monerium, and @iron:
NEW: Stablecoin settlement data for leading on- and off-ramp providers is now available on Paymentscan.
Compare @Stablecoin, @tazapay, @monerium, and @iron:
Note: tracking may not be exhaustive and does not account for netting of on- and off-ramp flows.
See ramp settlement metrics: paymentscan.xyz/ramps
RECORD: @Solana card spend hit $114.6M yesterday, already above September's $113.9M
See more Solana metrics: paymentscan.xyz/chains/solan…
