Stablecoin Volumes Hit $7.2T in February, Surpass ACH Milestone

- February stablecoin transaction volume hits $7.2 trillion, surpassing ACH network. - Institutional adoption drives growth as stablecoins dominate 75% of Q1 crypto trading. 2026-04-03 On April 3, 2026, TradingView reported a transformative shift in global payments, as stablecoin transaction volumes surpassed the Automated Clearing House (ACH) network for the first time in February. Stablecoin transactions reached $7.2 trillion, exceeding the $6.8 trillion processed by the ACH network during the same period. This milestone is driven by growing institutional adoption and favorable regulatory conditions, underscoring the increasing significance of stablecoins as a core component of global payment systems. The upward trend continued into March, as monthly stablecoin transaction volumes climbed to $7.5 trillion, a figure that matched the ACH network’s 30-day volume for the month. In the first quarter, stablecoins dominated cryptocurrency trading, accounting for 75% of the total crypto trading volume. The total stablecoin supply also grew significantly, reaching $315 billion by the end of the quarter. As a result, analysts anticipate the stablecoin market cap could rise to $2 trillion by 2028, a trend that would emphasize their transformative impact on financial infrastructure worldwide. Market data from April 3 showed major stablecoins maintaining their peg. First Digital USD (FDUSD) was trading at $0.999, while PayPal USD (PYUSD), Tether USDt (USDT), USDD (USDD), USDC (USDC), and TrueUSD (TUSD) all held steady at $1. These assets experienced only minor 24-hour price fluctuations, with changes ranging from 0.006% to 0.084%. This data underscores the growing role of stablecoins within the financial ecosystem and showcases their potential to reshape global payment systems.