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

Stablecoin monthly transaction volume reached a record $1.8 trillion in February, as USDC surprised analysts with 70% of the total volume.

Stablecoins have hit an all-time high in monthly transaction volume, as Circle’s USDC (USDC) flipped Tether’s USDt (USDT), new data shows.

Key takeaways:

Stablecoin monthly transaction volume reached a record $1.8 trillion in February.

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