Stablecoin Trading Volume Hits $1.8 Trillion in February, Led by USDC

February saw record stablecoin activity with USDC dominating 70% of transfers, underscoring its growing prominence in crypto settlements, while USDT maintained a significant $514 billion volume.

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Summary

February 2025 saw stablecoin trading volume reach an all-time high of $1.8 trillion, with USD Coin (USDC) taking the lead at $1.26 trillion, representing 70% of the total. Tether (USDT) accounted for $514 billion. This shift reflects USDC’s expanding role in global blockchain transactions.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset like the U.S. dollar to reduce volatility.
  • USDC: A dollar-backed stablecoin issued by Circle, used for blockchain-based payments and trading.
  • USDT: Tether’s stablecoin pegged to the U.S. dollar, widely used for liquidity and cross-exchange transactions.