According to CoinMeta, as reported by Reuters, stablecoin payment company Redotpay stated that global stablecoin card expenditures are expected to reach $50 billion by 2028, representing a quadrupling growth. The company noted that stablecoin card expenditures surpassed $1 billion in July, setting a new historical high. Redotpay also mentioned that Latin America is currently leading in the adoption and growth potential of stablecoins, followed by Africa. The company has over 8 million users globally and processes more than $14 billion in annual payments.