Stablecoin transaction volume reached a milestone in February, surpassing the US Automated Clearing House (ACH) network for the first time. According to Artemis, stablecoins recorded a 30-day adjusted rolling volume of $7.2 trillion, exceeding the ACH's $6.8 trillion. This marks a significant achievement for stablecoins, which have been in existence for less than 12 years.
The ACH network, a critical component of the US payments system, processes approximately 93% of salary payments in the country. The growing stablecoin volumes highlight their increasing role in global payments, with March figures showing a further rise to $7.5 trillion. Additionally, stablecoin supply surged to $315 billion in Q1 2026, up $8 billion from the previous year, accounting for 75% of total crypto trading volume. Analysts predict the stablecoin market cap could reach $2 trillion by 2028, driven by institutional adoption and favorable regulatory developments.
Stablecoin Transactions Surpass ACH Volume in February
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