March Payment Statistics
March kept the same leader at the top, but the gaps shifted meaningfully underneath. Monero stayed #1, Bitcoin gained a lot of ground, and Nano fell back from its near-tie in February.
Monero Stays In First
Monero led March at 29.23% of crypto deposit volume, narrowly above February's 29.04%. It remained the largest single crypto payment method, as it has been for quite a while now!
Bitcoin Climbs While Nano Falls Back
On-chain Bitcoin reached 20.94%, up sharply from 17.06% in February. Lightning added 6.26%, up from 5.41%, putting BTC + LN at 27.21% combined.
At the same time, Nano dropped from 26.29% to 20.51%. It still held a strong #3 position, but March was clearly a weaker month for Nano than February.
Stablecoins Stay Relevant
USDT represented 4.68%, up from 1.56%, while USDC came in at 1.88%. Combined stablecoin usage stayed meaningful, though still well behind the top three rails.
Mid-Tier Coins Shift Around
Several mid-tier coins moved substantially:
- Litecoin slipped from 3.63% to 3.53%.
- ETH jumped from 0.48% to 2.82%, one of the clearest gains of the month.
- SOL rose from 0.59% to 2.53%.
- TON increased from 1.55% to 2.23%.
- ZEC dropped from 3.69% to 1.79%, making it one of March's sharper declines.
- BCH moved up to 1.58%, while DASH came in at 1.00%.
ZANO Joins The More Meaningful Tail
Below the 1% mark, ZANO reached 0.73%, up strongly from an almost nonexistent February share. It was still a small coin overall, but it grew enough to become noticeable in the March breakdown. The rest of the tail included DOGE, KAS, LTC-MWEB, BNB, and TRX.
The Full Data
Here is the complete breakdown for all coins in March (crypto-only, excluding Stripe/USD deposits):
- XMR: 29.23%
- BTC: 20.94%
- XNO: 20.51%
- BTC-LN: 6.26%
- USDT: 4.68%
- LTC: 3.53%
- ETH: 2.82%
- SOL: 2.53%
- TON: 2.23%
- USDC: 1.88%
- ZEC: 1.79%
- BCH: 1.58%
- DASH: 1.00%
- ZANO: 0.73%
- DOGE: 0.10%
- KAS: 0.07%
- LTC-MWEB: 0.05%
- BNB: 0.03%
- TRX: 0.02%
- DAI: 0.01%
Takeaways
- XMR stayed in first place and edged slightly higher month over month.
- BTC + LN kept gaining and reached 27.21% combined.
- XNO saw one of the biggest top-tier declines, falling from 26.29% to 20.51%.
- ETH, SOL, and TON all had strong March gains.
- ZEC and LTC both lost share, with ZEC seeing the sharper drop.
- ZANO grew strongly off a tiny February base.
That wraps March. The biggest story was not a change at #1, but a reshuffling beneath it: Bitcoin gained, Nano lost ground, several mid-tier coins strengthened, and ZEC cooled off noticeably.
