Coinbase’s The Always-On Dollar report said stablecoin organic transfers averaged more than $400 million per hour in the third quarter of 2026, according to a BlockBeats flash published Oct. 20.
Always-on activity
About 73% of screened stablecoin transfer volume over the 12 months through July 31 occurred outside U.S. banking hours. The report put adjusted quarterly transfer volume at $891 billion in the third quarter.
These figures are definitions and measurements from the Coinbase report; the flash did not independently audit the methodology.
Source: BlockBeats flash.