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.