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
47.6% share
2nd chain
Tron
31.3% share
Networks
209
with stablecoins
Total Market Cap
$306.46B
Chain Market Share over Time
Share of stablecoin supply by chain
Nov 2017
Oct 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Current Distribution
Stablecoin value by chain, now
Ethereum
$143.23B 47.6%
Tron
$94.37B 31.3%
Solana
$15.66B 5.2%
BSC
$13.63B 4.5%
Hyperliquid L1
$7.03B 2.3%
Base
$5.07B 1.7%
Arbitrum
$3.61B 1.2%
Polygon
$2.86B 0.9%
X Layer
$1.49B 0.5%
Avalanche
$1.35B 0.4%
Plasma
$1.32B 0.4%
Robinhood Chain
$1.07B 0.4%
Others (158)
$10.38B 3.4%
Total Market Cap
All stablecoins, all chains
$314.87B
$110.1K
Nov 29, 2017
Oct 22, 2026
Supply by Chain over Time
Absolute stablecoin supply, stacked by chain
Nov 2017
Oct 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Data via DefiLlama. Not investment advice.