Stablecoins flip automated clearing house volume in February
Stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.
Stablecoin transaction volume surpassed the US Automated Clearing House network for the first time in February, a significant milestone for an asset class that has existed for less than 12 years.
According to data from blockchain analytics platform Artemis, the total 30-day adjusted rolling stablecoin volume hit $7.2 trillion in February, beating the Automated Clearing House network at $6.8 trillion.
“Stablecoins are quietly becoming the foundational infrastructure for global payments: no banks, no weekends, no borders,” said analyst Alex Obchakevich in an X post on Friday.
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