Stablecoins Outpace US ACH in Monthly Volume for the First Time

TheNewsCrypto
  • In February, the cumulative 30-day adjusted rolling stablecoin volume reached $7.2 trillion.
  • Stablecoins are quietly becoming the infrastructure for global payments: no banks, no weekends, no borders.

In February, the transaction volume of stablecoins topped that of the US Automated Clearing House network, marking a notable achievement for an asset class that has been around for less than 12 years. Being able to bypass the ACH is a big deal since the network is the foundation of the US payment system. According to data provided by Nacha, a key player in the ACH governance, the network handles around 93% of US salary payments.

Stablecoins Volume Surge to $7.2T in February

In comparison to other big financial systems like PayPal and Visa, stablecoin market volumes have increased continuously over the last few years, according to the statistics. In February, the cumulative 30-day adjusted rolling stablecoin volume reached $7.2 trillion, surpassing the Automated Clearing House network’s $6.8 trillion, according to statistics from blockchain analytics platform Artemis.

In order to compare stablecoin transactions to other financial systems’ daily average volumes, the data is derived from a rolling 30-day adjusted volume of US dollar transactions, eliminating MEV activity and intra-centralized exchange transactions.

In a Friday X post, researcher Alex Obchakevich said that stablecoins are quietly becoming the infrastructure for global payments: no banks, no weekends, no borders. According to Artemis statistics for March, stablecoin volume reached $7.5 trillion, which was on par with the ACH for that 30 days and continues to reach new highs. The total supply of stablecoins reached $315 billion in the first quarter of 2026, up $8 billion from the same period in 2025, according to statistics from CEX.IO.

The quarter saw record-high stablecoin trading volume, making about 75% of all crypto trading activity. The increasing acceptance by institutions in the face of a heated regulatory environment in the US has been a significant driver for stablecoins.

By 2028, the overall market worth of stablecoins is expected to reach $2 trillion, an increase of more than 530% from its present levels, according to analysts from prominent conventional financial organizations like Standard Chartered.

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