Retail Stablecoin Card Spend Sees Significant Growth

Retail stablecoin card spending has experienced substantial growth, according to John Timoney, head of strategic partnerships at Rain. Speaking at Consensus Miami 2026, Timoney noted that the spending increased by approximately 105% to 106% over the past year. Despite this growth, Ray Hernandez, senior vice president of business development at Consensys, highlighted that stablecoin cards still represent less than 1% of global card spending.