Stablecoin card spending reached $4.31 billion in Q3 2026, up 33% from $3.24 billion in Q2. TRON led with $998 million (23.2% share), followed by Base at $636 million and BNB Chain at $469 million, with the three together accounting for nearly half of quarterly volume. Tether’s Plasma network saw card volume of about $236 million, up roughly 250% quarter-over-quarter.