Coinbase report: stablecoin transfers hit $400M per hour, around the clock
- —Average stablecoin transfer volume topped $400 million per hour in Q3 2026
- —73% of volume over 12 months settled outside US banking hours
- —Quarterly volume grew from $216 billion to $891 billion since early 2023
- —USDT supply is $182.7 billion and USDC $72.2 billion; 293 million addresses hold stablecoins
Why it matters: Stablecoins are becoming an always-on dollar settlement rail, boosting blockchain demand and challenging traditional bank payment infrastructure.
Source: Cryptoast
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