Solana stablecoin card payments top record $36M in weekly volume

Weekly stablecoin card payment volume on Solana reached a record $36 million, Crypto Briefing reported. According to on-chain payments data platform PaymentScan, Solana’s stablecoin card payment volume totaled $141 million in October, up 24% from the previous month and roughly seven times the $19.7 million recorded a year earlier. Card issuers KAST and Rain accounted for 93% of the total, while Solana held about a 15% share of the overall stablecoin card payments market in October.