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Stablecoin transfer volume reaches $891 billion in Q3

CryptoProwl ·

COIN Coinbase Global Inc
$177.08 +3.65%
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  1. 1Quarterly activity reached $891 billion in Q3, more than a fourfold increase compared to the quarterly activity level in early 2023.
  2. 273% of screened stablecoin transfer volume occurred outside of US banking hours.
  3. 3A survey by the US Crypto Association found that 42% of US adults are willing to open accounts at banks that provide cryptocurrency services.

So what's the key point?

The amount of stablecoins sent and received grew significantly to $891 billion in the third quarter. This means 42 percent of US adults are willing to use banks that offer cryptocurrency services.

Source CryptoProwl · View original ↗

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