Wu said that, according to Blocklr citing Artemis and DeFiLlama data, on February 2026, on-chain stablecoin transfer volume reached a record high of $1.8 trillion, a 22% increase from the $1.47 trillion monthly record set in December 2025. USDT continues to dominate as the main stablecoin, with a monthly transfer volume of approximately $936 billion, accounting for 52% of the total traffic; USDC saw the most significant growth, handling $558 billion in transfer volume, accounting for 31%, up from 24% a year earlier.