Stablecoin transfers quadruple to $891B as US banks adopt technology

Stablecoins are moving a lot more money without getting much bigger. According to a new joint report from Coinbase and The Block Pro Research, adjusted quarterly stablecoin transfer volume reached $891 billion in Q3 2026.nThat is four times the $216 billion recorded in Q1 2023. The report, titled "The Always-On Dollar," was released on or around October 20, 2026. It argues that banks and businesses are adopting stablecoins for practical reasons: lower costs, faster settlement, and payments that don't stop when the bank closes.nnnThe numbers behind the surgenThe jump from $216 billion to $891 billion works out to a compound annual growth rate of approximately 50%, per the report.nOrganic transfers averaged more than $400 million per hour during Q3 2026, according to Coinbase and The Block.nAdvertisementnn @media only screen and (min-width: 0px) and (min-height: 0px) {n div[id^="wrapper-sevio-de1434f5-fa9e-44a6-93c3-4c2439763717"] {n width:320px;n height: 100px;n }n }n @media only screen and (min-width: 728px) and (min-height: 0px) {n div[id^="wrapper-sevio-de1434f5-fa9e-44a6-93c3-4c2439763717"] {n width: 728px;n height: 90px;n }n }nnnnnn window.sevioads = window.sevioads || [];n var sevioads_preferences = [];n sevioads_preferences[0] = {};n sevioads_preferences[0].zone = "de1434f5-fa9e-44a6-93c3-4c2439763717";n sevioads_preferences[0].adType = "banner";n sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1";n sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095";n sevioads.push(sevioads_preferences);nnnnnFrom July 31, 2025, to July 31, 2026, 73% of screened stablecoin volume took place outside US banking hours.nCost is the other part of the pitch. The report says sending $200 in USDC on the Base network costs about 86% less than traditional banking channels.nn n The news moving money, markets, and the world—before your day starts.n Daily. Free. Join 34,000+ readers across crypto, finance, and policy.n n Email addressn n n Subscribe freen n We respect your privacy. Unsubscribe anytime.n nnnSupply stays flat while usage climbsnStablecoin supply grew just 0.4% year-to-date through Q3 2026, reaching $305 billion.nCoinbase characterized market capitalization as largely unchanged over the past year. Transfer volume, by contrast, kept accelerating.nInstitutional interest is visible too. Seven of the ten largest US banks have tested stablecoins or tokenized deposits, according to the report.nProjections and what to watchnIf current trends hold, Coinbase and The Block project quarterly adjusted volume could reach approximately $1.5 trillion by the end of 2027.nThey go further with a macro estimate. Shifting 80% of international transactions onto stablecoin platforms could add $155 billion to annual global GDP, the report says.nIt is also worth remembering who is making the case. Coinbase is a major crypto company with a clear interest in stablecoin adoption, so readers may want to treat the rosier projections with appropriate caution.n","podcastEpisodeUrl":"","podcastName":"","isCommissioned":false}; window.googleNewsImg = "https:cryptobriefing.comwp-contentthemescryptobriefing-lovableassetsfollow-google-news.png"; window.homeUrl = "https:cryptobriefing.com"; window.ajaxUrl = "https:cryptobriefing.comwp-adminadmin-ajax.php"; window.primaryCatId = 49672; window.currentPostId = 398649; window.currentPublishDate = "2026-10-20 12:52:07"; SystemLightDark English Español Crypto Stocks Finance (2026-09-09 nav taxonomy migration). 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Coinbase official logo (public domain, Wikimedia Commons) — CryptoBriefing brand treatment A Coinbase and The Block Pro Research report shows transfer volume surging even as total stablecoin supply barely moved this.removeAttribute('data-copied'), 2000);" class="w-7 h-7 border border-foreground/30 text-foreground rounded-full flex items-center justify-center hover:bg-muted transition-colors" aria-label="Copy link" > Add us on Google by Kaye Quema Oct. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Stablecoins are moving a lot more money without getting much bigger. According to a new joint report from Coinbase and The Block Pro Research, adjusted quarterly stablecoin transfer volume reached $891 billion in Q3 2026.