Stablecoin tracker
How many dollar tokens exist, who issues them, how fast they are growing and which blockchains hold them. Stablecoins are crypto's cash layer and one of the clearest signs of money entering or leaving the market.
$312Bdollar stablecoins in circulation
+0.02%7-day change ($75.6M)
+0.80%30-day change ($2.5B)
82.3%held in USDT and USDC
Total stablecoin supply, past year
$ billionsSep 2025Oct 2026
From $286B to $312B over the period.
Largest stablecoins
| # | Stablecoin | Supply | Share | 7d |
|---|---|---|---|---|
| 1 | Tether USDT Fiat backed | $184B | 58.9% | +0.1% |
| 2 | USD Coin USDC Fiat backed | $73.1B | 23.4% | -1.3% |
| 3 | Sky Dollar USDS Crypto backed | $7.0B | 2.2% | +4.9% |
| 4 | Ethena USDe USDe Crypto backed | $4.8B | 1.5% | -2.0% |
| 5 | Dai DAI Crypto backed | $4.8B | 1.5% | -0.4% |
| 6 | World Liberty Financial USD USD1 Fiat backed | $4.3B | 1.4% | -2.9% |
| 7 | Global Dollar USDG Fiat backed | $3.1B | 1.0% | -1.3% |
| 8 | PayPal USD PYUSD Fiat backed | $2.9B | 0.9% | +1.1% |
| 9 | Ripple USD RLUSD Fiat backed | $2.5B | 0.8% | -1.4% |
| 10 | Circle USYC USYC Fiat backed | $2.4B | 0.8% | -0.1% |
| 11 | Ondo US Dollar Yield USDY Fiat backed | $2.3B | 0.7% | +5.3% |
| 12 | BlackRock USD BUIDL Fiat backed | $2.2B | 0.7% | -2.1% |
| 13 | Falcon USD USDf Crypto backed | $1.7B | 0.5% | +26.4% |
| 14 | USDD USDD Crypto backed | $1.6B | 0.5% | +3.6% |
| 15 | United Stables U Crypto backed | $1.5B | 0.5% | +3.5% |
| 16 | USDGO USDGO Fiat backed | $1.3B | 0.4% | +9.1% |
| 17 | Open USD OUSD Fiat backed | $787.1M | 0.3% | +18.1% |
| 18 | GHO GHO Crypto backed | $698.1M | 0.2% | 0.0% |
| 19 | Usual USD USD0 Fiat backed | $542.1M | 0.2% | -0.7% |
| 20 | Ethena USDtb USDTB Fiat backed | $499.1M | 0.2% | -6.4% |
Prices more than half a cent away from $1 are shown in red.
Stablecoins by blockchain
Latest stablecoin news
- DWF-linked firms sue BitGo for $141 million over early token salesOct 9
- ESMA orders EU crypto firms to delist non-compliant stablecoins by January 2027Oct 9
- Polkadot’s dotUSD launches backed entirely by Tether’s USDTOct 8
- SaaS and eCommerce partners now represent 55.54% of NOWPayments merchant baseOct 8
- Samsung Wallet adds USDC transfers for 82 million US Galaxy phonesOct 8
Questions
How big is the stablecoin market?
About $312B of dollar-pegged stablecoins are in circulation, according to DefiLlama.
What is the largest stablecoin?
Tether (USDT) is the largest, with about 59% of all dollar stablecoins.
Why does stablecoin supply matter?
New stablecoins are usually minted when money comes into crypto and redeemed when it leaves, so growing supply is often read as fresh buying power for the market.