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Stablecoin On-Chain Volume Tops U.S. ACH Network for the First Time

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2026-07-20 00:09:19
Stablecoin monthly on-chain volume reached $7.2 trillion in February 2026, surpassing the U.S. ACH network's $6.8 trillion for the first time. According to NS3.AI, volume then climbed to $7.5 trillion in March and matched ACH processing levels for the period.

Total stablecoin market capitalization also rose above $316.7 billion, setting a new all-time high.
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