Scott Melker: Stablecoin transfers reached $891 billion in third quarter

Scott Melker: Stablecoin transfers reached $891 billion in third quarter
Stablecoin transfers hit $891 billion in Q3

Stablecoin transfers reached $891 billion in the third quarter, according to research from Coinbase and the Block Pro.

Scott Melker reported that this figure represents a fourfold increase since 2023, despite stablecoin supply showing no growth during the period.

Scott Melker has reported on several major developments in recent months. He covered Barclays' view that Tesla and SpaceX could announce merger plans before December 2026. Melker also highlighted new bitcoin price forecasts, noting that TD Cowen raised its targets to $109,000 by 2026 and $280,000 by 2029.

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