Stablecoin transaction volume reached $7.2 trillion in February, surpassing the US Automated Clearing House network’s $6.8 trillion for the first time.
The milestone marks a major shift in global payments, as stablecoins continue to scale rapidly despite being a relatively new asset class.
“Stablecoins are quietly becoming the foundational infrastructure for global payments: no banks, no weekends, no borders,”
Said analyst, Alex Obchakevich.
The comparison is significant because the ACH network processes about 93% of salary payments in the United States, making it a core component of the financial system.
Stablecoin volumes have continued to grow, reaching $7.5 trillion in March and matching ACH levels over a similar rolling period.
Total stablecoin supply also rose to $315 billion in the first quarter of 2026, reflecting sustained demand across crypto markets.
Stablecoins accounted for 75% of total crypto trading volume during the quarter, highlighting their central role in digital asset liquidity.
Analysts expect further growth, with projections suggesting the market could reach $2 trillion by 2028 as institutional adoption accelerates.