⛓️ Crypto🟢 BullishImportance 7/10

USDC beats Tether as stablecoin transfer volume hits $1.8T all-time high

CoinTelegraph|Cointelegraph by Nancy Lubale|March 7, 2026 at 10:47 AM

Image via CoinTelegraph

🤖AI Summary

Stablecoin transaction volume reached an all-time high of $1.8 trillion in February, with USDC unexpectedly capturing 70% of the total volume, surpassing Tether as the dominant stablecoin by transfer activity. This represents a significant shift in stablecoin market dynamics and usage patterns.

Key Takeaways

→Stablecoin monthly transaction volume hit a record $1.8 trillion in February.
→USDC captured 70% of total stablecoin transfer volume, beating Tether for market dominance.
→This marks a surprising shift in stablecoin usage patterns that caught analysts off guard.
→The record volume indicates growing adoption and utility of stablecoins in the crypto ecosystem.
→USDC's dominance in transfer volume suggests increased institutional and retail preference for the Circle-backed stablecoin.

#usdc #tether #stablecoin #transaction-volume #circle #crypto-payments #market-share #defi

Read Original →via CoinTelegraph

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