Stablecoin card spending has surpassed $10.9 billion in cumulative volume, with July marking the first month above $1 billion at about $1.04 billion, according to Paymentscan data cited by RedotPay. The payments firm expects the next $10 billion within eight months and projects annualized spending could reach $50 billion by 2028, roughly four times current levels, versus more than $20 trillion on traditional cards. RedotPay, with more than 8 million users in over 100 countries, reported about $14 billion in annualized payment volume and more than $180 million in annualized revenue, and said it has secured its first U.S. money transmitter license with applications pending in more than 20 states. Co-founder Jonathan Chan said growth is coming from everyday finance rather than crypto trading, with strongest traction in Latin America, Africa and Asia-Pacific.