Stablecoin trading volume hit a new monthly record of $1.8 trillion in February, with USDC accounting for approximately 70%.

CoinFeed reported on March 7 that, according to Cointelegraph, Allium data shows that stablecoin trading volume reached $1.8 trillion in February, setting a new monthly record. USDC accounted for approximately 70% of the total trading volume, reaching $1.26 trillion, while USDT's trading volume in February was $514 billion.