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January stablecoin transfer volume tops $10T

February 25, 2026, 3:39 PM
According to Dune data, stablecoin transfer volume surpassed $10 trillion in January, marking the highest level since April 2022. Of this total, 56% originated from decentralized exchange (DEX) liquidity pools. Centralized exchanges (CEXs) hold approximately $80 billion in stablecoins, representing the largest share among labeled addresses.

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