The Coinbase and The Block study says stablecoins averaged over $400 million in transfers per hour in Q3 2026, with 73% of volume occurring outside U.S. banking hours over the 12 months ending July 31. Adjusted quarterly transfer volume reached $891 billion in Q3, four times its early-2023 level, according to the study figures reported here; Coinbase’s post highlights the 73% off-hours share here.

Oct 20, 2026, 18:53 UTC

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Answered Oct 20, 2026, 18:53 UTC

Sources 2

the study figures reported herex.com
herex.com

Research trace 8

The linked original X post
Latest posts of @TheBlockCo
Latest posts of @coinbase
The page www.theblock.co
The supplied posts establish the headline claim of over $400 million transferred per hour on average and that 73% of volume occurs during nights, weekends and holidays. These reads seek the report's fuller findings and supporting context, since The Block article page was not readable.
The provided Coinbase post says 73% of stablecoin volume occurs during nights, weekends and holidays, and The Block headline reports an average above $400 million per hour. I’m looking for the report or independent contemporaneous coverage to clarify its other findings and how the transfer activity is defined.
The posts already found report adjusted stablecoin transfer volume of $891 billion in Q3 2026, 73% outside U.S. banking hours, and growth to four times its early-2023 level. These reads seek the original report’s definitions and additional transfer-activity findings to clarify what those figures measure.
The posts and coverage found so far say adjusted stablecoin transfer volume reached $891 billion in Q3 2026, quadrupled since early 2023, and 73% of volume occurred outside U.S. banking hours. These reads seek the study’s own supporting posts and any additional activity figures before summarizing what the research says.