Stablecoin Trading Volume Reaches Record $1.8 Trillion in February, USDC Accounts for 70%

Stablecoin markets recorded $1.8 trillion in trading volume in February, a monthly high, Allium data cited by Cointelegraph show. USDC accounted for approximately 70% of the activity with $1.26 trillion in volume, while USDT reported $514 billion in trades during the month.