Data: The transfer volume of stablecoins in February reached $1.8 trillion, setting a new historical record

According to Allium data, the stablecoin transfer volume reached $1.8 trillion, setting a new historical high. Among them, the transfer volume of USDC was approximately $1.26 trillion, accounting for about 70%, surpassing USDT's $514 billion.

Although the market capitalization of USDC is about $77.4 billion, which is less than half of USDT's $184 billion, its transfer volume has consistently exceeded that of USDT in recent months.