Coinbase Study Says 73% of Stablecoin Transfer Volume Happens Outside US Banking Hours

Research from Coinbase and The Block Research found that 73% of screened stablecoin transfer volume occurred outside U.S. banking hours over the 12 months ended July 31, 2026 , including nights, weekends and bank holidays. The analysis measures transfer timing rather than aggregate value; within its screening scope, the result depicts stablecoins as a transfer network operating across the full day instead of only during U.S. business hours. The Coinbase and The Block Research report puts the share of screened volume outside U.S. banking hours at 73% for the 12-month period ending July 31, 2026.