Stablecoin Volume Surpasses ACH in February, TransFi Secures Funding for Expansion

Stablecoin monthly volume reached $7.2 trillion in February, surpassing ACH's $6.8 trillion for the first time, according to Artemis data. March maintained stablecoin volume near or above ACH levels. Raj Kamal noted that much of this activity is attributed to on-chain transfers rather than last-mile consumer or supplier payments. In March, TransFi raised $19.2 million to enhance fiat-to-stablecoin corridors in emerging markets.