{
  "id": 15769936,
  "title": "Stablecoin transfers quadruple to $891B as US banks expand adoption: Report",
  "url": "https://urgent.news/2026/10/20/stablecoin-transfers-quadruple-to-891b-as-us-banks-expand-adoption",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T16:38:13.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/stablecoins-move-400m-an-hour-as-73-of-volume-occurs-outside-banking-hours-coinbase-report"
  },
  "original_language": "en",
  "account": "Coinbase's research reveals a surge in stablecoin transfers, with $891 billion processed in the third quarter of 2026, more than four times the volume from early 2023. The majority of these transactions, 73%, took place outside US banking hours, indicating a growing need for 24/7 banking services. Major US banks, including seven of the top ten, have begun testing stablecoins for cross-border payments, while 30% of mid-market companies conducting international commerce are already using or piloting the technology. The adoption extends to B2B transactions, with a 36% year-over-year increase. Despite the expanding use, the overall market value of stablecoins remains relatively stable, hovering around $301.42 billion, a slight drop from $303.14 billion in October 2025. Researchers estimate that shifting 80% of global transactions to stablecoins could boost annual GDP by $155 billion and free up $3 trillion in liquidity, currently held by banks for cross-border payments. However, widespread adoption could also lead to reduced bank lending, potentially offsetting some of the advantages of faster and cheaper transactions. Meanwhile, a separate survey by the National Cryptocurrency Association indicates that nearly half of US adults, around 112 million people, would be more inclined to open a bank account with crypto services or use their bank for more financial activities.",
  "summary": "Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}