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
49.4% share
2nd chain
Tron
30.2% share
Networks
207
with stablecoins
Total Market Cap
$310.46B
Chain Market Share over Time
Share of stablecoin supply by chain
Nov 2017
Jul 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Current Distribution
Stablecoin value by chain, now
Ethereum
$149.27B 49.4%
Tron
$91.09B 30.2%
Solana
$14.69B 4.9%
BSC
$14.06B 4.7%
Hyperliquid L1
$6.28B 2.1%
Base
$4.81B 1.6%
Arbitrum
$3.75B 1.2%
Polygon
$3.35B 1.1%
X Layer
$1.93B 0.6%
Avalanche
$1.84B 0.6%
Aptos
$1.16B 0.4%
Plasma
$970.45M 0.3%
Others (167)
$8.77B 2.9%
Total Market Cap
All stablecoins, all chains
$320.17B
$110.1K
Nov 29, 2017
Jul 17, 2026
Supply by Chain over Time
Absolute stablecoin supply, stacked by chain
Nov 2017
Jul 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Data via DefiLlama. Not investment advice.