Market intelligence

Stablecoin Insights

What's actually happening across the stablecoin market right now — size, flows, dominance, denomination, chains and on-chain usage in one read.

Market Cap

$320.01B

+0.26%

24h Volume

$97.49B

traded

Stablecoins

360

tracked

Networks

200

chains

Top asset

USDT

58.6% dom.

USD pegged

99.4%

of value

Key takeaways

Market size

The stablecoin market is worth $320.01B, +0.26% over the last 24h across 360 tracked coins and 200 chains.

Concentration

USDT leads with 58.6% of the market and USDC follows at 23.7% — the top two alone are 82% of all stablecoin value.

24h net flow

Net issuance of $816.62M in the last day — the market is expanding.

Fastest grower

US Permissionless Dollar (USPD) grew its supply +27559.94% this week — the quickest expansion among sizeable stablecoins.

Chain leadership

Ethereum now hosts 51% of all stablecoin value on-chain, the largest share of any network.

Denomination

99.4% of stablecoin value is US-dollar pegged; the remainder spans EUR, BRL, RUB and other currencies.

Total Market Cap

Aggregate stablecoin supply over time

$320.83B
$110.1K
Nov 29, 2017
Jun 2, 2026

Denomination Share

Stablecoin value by pegged currency

Nov 2017
Jun 2026
USD
EUR
RUB
BRL
Other-pegged
CHF
Other

By Mechanism

How each stablecoin holds its peg

Fiat-backed $291.22B 91.0%
Crypto-backed $28.38B 8.9%
Algorithmic $411.79M 0.1%
Other $4.81M 0.0%

Top Stablecoins

Market-cap share

USDT
$187.61B 58.6%
USDC
$75.95B 23.7%
USDS
$8.77B 2.7%
USD1
$4.71B 1.5%
DAI
$4.60B 1.4%
USDe
$4.49B 1.4%
USYC
$3.33B 1.0%
PYUSD
$3.03B 0.9%

By Chain

Where stablecoin value lives

Ethereum
$159.92B 51.2%
Tron
$89.98B 28.8%
Solana
$14.79B 4.7%
BSC
$13.90B 4.4%
Hyperliquid L1
$6.96B 2.2%
Base
$4.59B 1.5%
Arbitrum
$3.94B 1.3%
Polygon
$3.68B 1.2%
Aptos
$1.85B 0.6%
X Layer
$1.48B 0.5%
Avalanche
$1.34B 0.4%
Plasma
$922.44M 0.3%
Others (168)
$8.97B 2.9%

Market & supply data via DefiLlama, trading volume via CoinGecko. Not investment advice.