USDC transfer volume surpasses USDT, with stablecoin monthly trading volume reaching a record high

MarsBitNews · 2026-03-11T04:14:41+00:00

In February 2026, stablecoin trading volume hit a new high of $1.8 trillion, with USDC surpassing USDT for the first time. Institutional preference for compliant USD has accelerated corporate adoption, with Circle completing $68 million in cross-border settlements within 30 minutes, far faster than traditional banks. Analysts are optimistic about Circle's prospects, expecting its 2025 revenue to reach $2.7 billion. Competitors Tether, PayPal, and Stripe are also expanding into stablecoins.

MarsBitNews

2026-03-11 04:14:41

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Mars Finance reports that in February 2026, the monthly trading volume of stablecoins reached a record high of $1.8 trillion. USDC transfer volume for the first time surpassed the long-dominant USDT. Analysts attribute this to institutional participants’ clear preference for compliant US dollar infrastructure. Enterprise adoption is accelerating. Circle used USDC to complete a cross-entity settlement of $68 million within 30 minutes, whereas similar operations via traditional bank wire transfers take 1 to 3 days. CEO Jeremy Allaire stated that this process accounted for about 90% of the company’s internal transfers and settlements in a single day. Bernstein also remains optimistic about Circle’s prospects, rating it as a market outperformer with a target price of $190, calling it a long-term winner. Circle’s revenue in 2025 reached $2.7 billion, a 64% increase year-over-year. Competition is also intensifying, with Tether, PayPal, Stripe, and other institutions launching their own stablecoin initiatives.

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