$400M into dollar accounts
Bridge-attributed stablecoin settlements into the dollar accounts of 6 neobanks crossed $400M on 9 Nov. October set a monthly record at $33.2M, and 2026 is at $251.8M against $149.2M for all of 2025.
- $402.0M
- Lifetime volume
- $33.2M
- October 2026
- $251.8M
- 2026 so far
- 1,063,138
- Settlements, lifetime
crossed $400M on 9 Nov
monthly record, past Sep 2025's $31.8M
vs $149.2M in all of 2025
average about $378
Three weeks after the same rail passed a million settlements, it has passed a round dollar figure too. Across the neobanks we track on it, stablecoin paid into their users' dollar accounts through Bridge crossed $400M on 9 November, and stood at $402.0M across 1,063,138 settlements by 10 November.
October was the biggest month yet
The rail moved $33.2M in October 2026, a monthly record, edging past the $31.8M of September 2025. Unlike that 2025 spike, which fell back to $13M within a month, 2026 has held near the high: every month since June has cleared $28M. The year so far is $251.8M, against $149.2M for the whole of 2025.
Grey carries most of it, and a sixth neobank has joined
Grey Finance is $329.6M, 82% of the total. Raenest follows at $49.1M, then Chipper ($10.6M), Onboard ($6.9M) and Accrue ($5.6M). Timon is new to the rail: Bridge began paying USDC into its Base hot wallet on 27 August, $0.24M across 120 settlements so far, growing every month since.
Solana carries 84% of it
$337.2M of the $402.0M settles on Solana, across 830,095 settlements; Grey's rail runs almost entirely there. Ethereum is a distant second at $49.9M. Base ($7.3M) is where the newest flow lands, including Timon's, while Polygon is the small-ticket chain: 79,768 settlements for $2.0M, an average near $25. Optimism ($5.5M) carries Accrue and Onboard only.
What this figure is, and is not
This is the virtual-account settlement we can attribute to Bridge, the issuing partner behind these accounts. It is a floor. A neobank can run dollar accounts through other partners, or settle the same product in fiat with no onchain record, and none of that is counted here.
Method
Stablecoin settlements into neobank virtual (dollar) accounts that we can attribute to Bridge, read onchain across six neobanks from October 2023 to 10 November 2026 and valued in USD at the time of transfer. Bridge-attributed share only, a floor: excludes other issuing or fiat partners, the venues' own retail deposit books, withdrawals and all off-chain activity.
How attribution works →Cite this
Free to cite with attribution. No embargo, no approval needed.
AfriFlux (2026). $400M into dollar accounts. Published 11 November 2026. https://www.afriflux.xyz/feed/virtual-accounts-cross-400m
Reproducing a chart? Use this line: Source: AfriFlux — on-chain intelligence for Africa's stablecoin economy. afriflux.xyz