Stablecoins Average $400 Million Per Hour in Transfers
Stablecoin transfers average over $400 million per hour, with off-hours transfers dominating activity, according to a Coinbase and The Block study.
Stablecoin transfer activity averages more than $400 million per hour, according to a study conducted by Coinbase and The Block. The research highlights that off-hours transfers dominate transaction volumes across the sector.
At current growth rates, stablecoins remain on track to reach $1.5 trillion in quarterly adjusted transfer volume by the end of 2027, the report indicates.
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Key facts
- Average transfer volume reaches over $400 million per hour.
- Off-hours transfers dominate overall activity.
- Quarterly adjusted transfer volume is projected to hit $1.5 trillion by the end of 2027 under current growth trajectories.
Source: theblock.co
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