Chains
Stablecoins by Chain
Where stablecoin value actually lives — supply and market share across every major blockchain, and how the balance has shifted.
Top chain
Ethereum
48.4% share
2nd chain
Tron
30.7% share
Networks
208
with stablecoins
Total Market Cap
$311.87B
Chain Market Share over Time
Share of stablecoin supply by chain
Nov 2017
Sep 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Current Distribution
Stablecoin value by chain, now
Ethereum
$146.85B 48.4%
Tron
$93.19B 30.7%
Solana
$15.87B 5.2%
BSC
$13.34B 4.4%
Hyperliquid L1
$6.83B 2.3%
Base
$4.88B 1.6%
Arbitrum
$3.52B 1.2%
Polygon
$3.14B 1.0%
X Layer
$1.76B 0.6%
Avalanche
$1.44B 0.5%
Aptos
$1.23B 0.4%
XRPL
$1.11B 0.4%
Others (163)
$10.05B 3.3%
Total Market Cap
All stablecoins, all chains
$320.21B
$110.1K
Nov 29, 2017
Sep 3, 2026
Supply by Chain over Time
Absolute stablecoin supply, stacked by chain
Nov 2017
Sep 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Data via DefiLlama. Not investment advice.