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USDC Overtakes Tether in Transfer Volume as Stablecoin Activity Hits $1.8 Trillion Record

Stablecoin activity surged to a new monthly record in February, with transfer volumes reaching $1.8 trillion. The biggest surprise came from Circle’s USDC, which accounted for roughly 70% of the total and surpassed Tether’s USDT in transaction volume despite having a far smaller market capitalization. The shift signals changing usage patterns across crypto markets and…

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