Stablecoin Transfers Quadruple to $891B, Banks Boost Adoption

• Stablecoin transfers have increased to $891 billion, a fourfold increase.
• US banks and businesses are driving the adoption of stablecoins.
• Stablecoins move over $400 million per hour on average, with off-hours transfers dominating.
• Stablecoins are projected to reach $1.5 trillion in quarterly adjusted transfer volume by 2027.
• Despite the increase in transfers, the stablecoin market capitalization remains largely unchanged over the past year.