Solana: On-chain stablecoin card spending reached $141 million in October, hitting a new all-time high.

Solana reported that on-chain stablecoin card spending on its network reached $141 million in October, a record high and roughly seven times the level of the same month last year, according to official figures published on November 3. The data, sourced from Paymentscan, counts only on-chain consumption. The milestone underscores growing real-world payment usage of stablecoins on Solana, a network that has been pushing merchant and card-based adoption as a driver of transaction activity. It matters because stablecoin payments represent a tangible consumer use case beyond trading, potentially supporting network fees and demand for Solana's ecosystem. Watch next: whether November data sustains the growth trend, further disclosures on card spending volumes, and additional payment integrations across the Solana ecosystem.