State of Stablecoins and Payments, Q3 2026
By Allium ·
Allium counts $482 billion of stablecoin payment volume from January to September 2026, up 45.4 percent, while total supply was nearly flat at $304.9 billion. Adjusted volume of $2.4 trillion is only 2.5 percent of $97.9 trillion in raw transfers, and stablecoin card spend grew tenfold to $3.9 billion. Allium's current payment method differs from the version used in its earlier white paper with BCG, so the figures are not directly comparable.
Key figures
| Figure | Value | Source |
|---|---|---|
| Stablecoin payment volume, Jan-Sep 2026 | $482B (+45.4%) | p. 7 |
| Total stablecoin supply, 30 Sep 2026 | $304.9B (+0.4% this year) | p. 7 |
| Adjusted volume, Jan-Sep 2026 | $2.4T (+47.6%), 2.5% of $97.9T raw transfers | p. 7 |
| Payment transfers, Jan-Sep 2026 | 1.04B (+71.3%) | p. 7 |
| Stablecoin card spend, Jan-Sep 2026 | $3.9B (10x) | p. 7 |
- Global