Stablecoins
Stablecoin market
How much is parked in dollars on-chain, who holds the share of it, and what we have written about it.
Stablecoin market
$293.14B
+0.19% (+$556.94M) in the last 24 hours
The 19 stablecoins this site tracks, added up. Stablecoins are where money waits between positions, which is why the total moving is read as capital arriving or leaving rather than as a price.
USDT$183.33B
USDC$74.33B
USDS$9.54B
USDE$4.81B
DAI$4.59B
USD1$4.36B- 13 more$12.19B
Market capitalisations from CoinGecko’s stablecoin category, filtered to the coins named in this site’s own list — so a coin nobody here has named is missing rather than mislabelled. The day's move weights each coin by its size.
Biggest Stablecoins
Largest stablecoins by market cap among the 50 largest assets.
- USDT$0.9997$183.32B
- USDC$0.9997$74.31B
- USDS$0.9999$9.59B
- USDE$0.9998$4.81B
- DAI$0.9998$4.59B
Stablecoin news
Hyperliquid USDC Supply Overtakes Solana to Rank Second Behind Ethereum
Hyperliquid has surpassed Solana in circulating USDC, reaching $6.73 billion to become the second-largest network for the stablecoin behind Ethereum.
Ethereum, Solana, and Base Capture 92% of Euro Stablecoin Market
The euro-denominated stablecoin market has grown to $835 million, with Ethereum, Solana, and Base now hosting the vast majority of the supply.
Coinbase and Moov Partner to Bring Stablecoin Payments to Community Banks
Coinbase and payments platform Moov have announced a partnership to integrate stablecoin infrastructure into community banks and credit unions, allowing these institutions to offer crypto-based payment services to their business customers.
Stablecoin Market Growth Prompts Debate Over US Treasury Demand and Financial Stability
The stablecoin market has expanded to over $300 billion, with issuers becoming significant holders of US Treasury bills, sparking discussions on both monetary influence and systemic risk.
Tether and Circle Maintain Stablecoin Market Dominance
Tether and Circle currently control 85% of the stablecoin market, with a combined supply of approximately $257.7 billion. This high level of concentration poses potential risks to both crypto and traditional money markets.