Off Hours Drive 73% of Stablecoin Volume in Coinbase and The Block Study

Crypto10 hours ago

Stablecoins average more than $400 million in hourly transfers in a new research report from Coinbase and The Block. Transfers conducted on nights, weekends and holidays account for 73% of total volume, which suggests that stablecoin activity is no longer constrained by traditional banking hours.

The study also analyzed network costs, finding that sending $200 in USDC on the Base network costs roughly 86% less than using traditional financial services. These figures highlight the speed and cost efficiencies of blockchain-based assets compared to legacy payment systems.

Mapped to your portfolio

Possible scenarios

45%Settlement Adoption Accelerates+0.2%
25%Regulatory Scrutiny Rises-0.0%
20%Competition Intensifies+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Looking for more context or analysis?

Tilt chat provides reliable, tailored insights, alerts, and automations.

Off Hours Drive 73% of Stablecoin Volume in Coinbase and The Block Study

In this story

Coinbase The Block (website)

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Settlement Adoption Accelerates+0.2%
25%Regulatory Scrutiny Rises-0.0%
20%Competition Intensifies+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.