Stablecoins February transfer volume reaches $1.8 trillion, a new all-time high

Mars Finance reports that on March 8, according to Allium Data, the transfer volume of stablecoins in February reached $1.8 trillion, a record high. Among them, USDC transfer volume was about $1.26 trillion, accounting for approximately 70%, surpassing USDT’s $514 billion. Although USDC’s market cap is about $77.4 billion, less than half of USDT’s $184 billion, its transfer volume has consistently exceeded USDT’s in recent months. (Cointelegraph)