Monthly report

Stablecoin Spending Report — August 2026

A record of what moved in August 2026, computed from dated merchant records rather than written up after the fact.

Published Covering StablecoinSpend Editorial Methodology

Merchants added
25
Acceptance changes
1
Checks completed
8
Stopped accepting
0

These four count events dated inside August 2026. The first is a measure of our research, not of the market — every merchant added was already accepting stablecoins before we found it. Only the second and fourth describe something that changed at a merchant.

What changed at merchants

Every entry below is a dated, sourced change to what a merchant accepts. The schema will not accept one without a source URL, so this list cannot contain a change we could not evidence.

  • Payment provider changed Eskimo

    Eskimo announced, through Triple-A, that stablecoin payments were available at checkout for its eSIM plans.

    Source

Merchants added in August 2026

25 merchants researched and published. Read this as coverage growing, not adoption growing.

Recorded events by type

Every change entry dated within August 2026, by type. 1 events in total.
Event Events Share
Payment provider changed
1
100%

Key statistics

Quotable as they stand. Each carries its denominator and its date, because a share without both is the figure that ends up misattributed.

  • 85.3% of merchants with documented stablecoin acceptance in the StablecoinSpend dataset accept USDC (87 of 102, as of 2026-09-22).

    Sample: 102 Methodology
  • 58.8% of merchants with documented stablecoin acceptance in the StablecoinSpend dataset accept USDT (60 of 102, as of 2026-09-22).

    Sample: 102 Methodology
  • 44.1% of merchants with documented stablecoin acceptance in the StablecoinSpend dataset do not publish which blockchain network they settle on (45 of 102, as of 2026-09-22).

    Sample: 102 Methodology
  • 3.8% of live merchant records in the StablecoinSpend dataset confirm crypto acceptance without naming a single stablecoin (4 of 106, as of 2026-09-22).

    Sample: 106 Methodology
  • 69.6% of merchants with documented stablecoin acceptance in the StablecoinSpend dataset accept through a third-party payment gateway rather than a wallet they control (71 of 102, as of 2026-09-22).

    Sample: 102 Methodology

The data behind this report

Computed from the directory as at 2026-09-22. Period events above are historical; this section describes the dataset as it stands now, and says so rather than implying it is a month-end position we did not capture.

USDC and USDT acceptance compared

USDC leads by 27 merchants: USDC is accepted at 87 of 102 merchants (85.3%), USDT at 60 (58.8%).

Merchants accepting each of the two largest stablecoins, out of 102 merchants with documented stablecoin acceptance, as at 2026-09-22.
Stablecoin Merchants Share
USDC
87
85.3%
USDT
60
58.8%
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Stablecoin acceptance across the directory

USDC leads with 87 of 102 merchants (85.3%), followed by USDT with 60 (58.8%).

Every stablecoin named by at least one merchant, out of 102 merchants with documented stablecoin acceptance, as at 2026-09-22. A merchant naming several coins is counted under each, so shares can sum above 100%. A further 4 merchants confirm crypto acceptance without naming a stablecoin; they are outside the denominator and appear in no row.
Stablecoin Merchants Share
USDC
87
85.3%
USDT
60
58.8%
DAI
30
29.4%
USDP
24
23.5%
GUSD
22
21.6%
EURC
20
19.6%
PYUSD
13
12.7%
AEC
4
3.9%
TUSD
3
2.9%
FDUSD
1
1%
RLUSD
1
1%
USDG
1
1%
USDS
1
1%
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Documented settlement networks

45 of 102 merchants with documented stablecoin acceptance (44.1%) publish no settlement network at all — a substantial minority of the dataset. Only Ethereum (48) is disclosed by more merchants and ahead of every other network (Solana is next at 36). Among those that do disclose, ethereum leads with 48 of 102 merchants (47.1%), followed by Solana with 36 (35.3%).

Networks a merchant's own documentation names, out of 102 merchants with documented stablecoin acceptance. The 45 merchants that publish no network (a substantial minority) appear in no row; a merchant naming several networks is counted under each.
Network Merchants Share
Ethereum
48
47.1%
Solana
36
35.3%
Base
35
34.3%
Polygon
35
34.3%
Arbitrum
27
26.5%
Optimism
21
20.6%
Tron
13
12.7%
BNB Chain
12
11.8%
Avalanche
9
8.8%
Algorand
2
2%
Celo
1
1%
Stellar
1
1%
XRP Ledger
1
1%
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Where stablecoins are actually accepted

Shopping & Retail leads with 40 of 102 merchants (39.2%), followed by Travel with 18 (17.6%).

Merchants by category, out of 102 merchants with documented stablecoin acceptance, as at 2026-09-22. A merchant can appear in more than one row where it sits in a subcategory as well as a primary category, so shares can sum above 100%.
Category Merchants Share
Shopping & Retail
40
39.2%
Travel
18
17.6%
Cloud Hosting
17
16.7%
Security & Privacy
17
16.7%
Web Hosting
17
16.7%
Developer Tools
12
11.8%
Domain Names
11
10.8%
Ecommerce
11
10.8%
VPN Services
11
10.8%
Gift Cards
10
9.8%
Hotels
10
9.8%
Flights
8
7.8%
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Methodology and limitations

Every merchant record is built from primary sources in a fixed order of preference: the merchant's own website, then its payment or help documentation, then its payment provider's documentation, then the stablecoin or network issuer. Independent reporting supplements those but never replaces them, and cannot on its own support a verified status — the content schema rejects it.

Four limitations bear on how these figures should be read.

  • This is a census of what we have found, not of everything that exists. Coverage is strongest where merchants document payment options in English and weakest where acceptance is arranged privately or through a regional gateway we have not profiled. Every share describes this dataset.
  • Additions measure research, not adoption. A merchant appearing here for the first time was almost always accepting stablecoins long before we recorded it. That is why additions and acceptance changes are counted in separate columns above and never summed into one headline.
  • Undisclosed is not absent. A merchant with no published settlement network is counted as undisclosed and appears in no network row. We do not distribute it across likely chains, which means network shares understate real usage by an amount nobody can quantify.
  • Verification decays. A check older than six months degrades automatically regardless of whether anything changed. Some records marked as unrefreshed are simply awaiting a recheck.

Corrections are welcome and are published rather than quietly applied — see the corrections policy. Full detail is in the research methodology and the verification methodology.

How to cite this report

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