Monthly stablecoin card spending reached a record $788.9 million in September, growing nearly 49x since early 2025. USDC dominates the stablecoin cards segment with 57% market share, while USDT leads overall stablecoin activity globally. The growth reflects stablecoins expanding beyond trading into everyday payments, though concentration risks exist around infrastructure providers like Rain.
Blockchain infrastructure is rapidly expanding with decentralized exchanges capturing 26% of spot trading volume and 86% of perpetual trading volume moving onchain. RWA (Real World Assets) platforms are experiencing significant growth, with Stellar's RWA TVL increasing 7x in 12 months, while integrated platforms like Jumper are building comprehensive onchain finance applications combining bridges, swaps, and tokenized assets.