[Stablecoin Payment Card Transactions Reach $1.231 Billion in September, RedotPay's Market Share Drops to 33%] According to Jinse Finance, on October 29th, global stablecoin payment card transactions reached approximately $1.231 billion in September 2026, exceeding the total for the entire year of 2024. The cumulative transaction volume for the third quarter was approximately $3.394 billion. Market competition is intensifying. While RedotPay continues to expand its transaction volume, its market share has decreased from approximately 85% in its early stages to approximately 33% in September, with transaction volume reaching approximately $403 million that month. Stablecoin payment cards still heavily rely on traditional card organizations, with Visa processing the vast majority of transactions.