Stablecoin market cap
Total stablecoin market cap is about $302.0B; −1.1% over 7 days and −1.9% over 30 days. The largest is Tether (USDT) at $180.8B, 60% of the total; second is USD Coin (USDC) at $71.32B (24%).
- Total
- $302.0B
- 7 days
- −1.1%
- 30 days
- −1.9%
- 1 year
- −1.5%
Total stablecoin market cap — last year
20 largest dollar stablecoins
| # | Stablecoin | Supply | Share | 7d | 30d | Price (vs $1) | Chains | Type |
|---|---|---|---|---|---|---|---|---|
| 1 | Tether (USDT) | $180.8B | 59.9% | −1.0% | −1.5% | 0.9989 (−0.11%) | 104 | backed by cash and equivalents |
| 2 | USD Coin (USDC) | $71.32B | 23.6% | −1.8% | −4.7% | 0.9994 (−0.06%) | 128 | backed by cash and equivalents |
| 3 | Sky Dollar (USDS) | $6.60B | 2.2% | −1.8% | 0.0% | 0.9995 (−0.05%) | 7 | crypto-collateralized |
| 4 | Dai (DAI) | $4.74B | 1.6% | −0.1% | −1.0% | 0.9998 (−0.02%) | 36 | crypto-collateralized |
| 5 | Ethena USDe (USDe) | $4.53B | 1.5% | −2.6% | −7.5% | 0.9994 (−0.06%) | 30 | crypto-collateralized |
| 6 | World Liberty Financial USD (USD1) | $3.90B | 1.3% | −2.4% | −11.9% | 0.9988 (−0.12%) | 8 | backed by cash and equivalents |
| 7 | Global Dollar (USDG) | $3.07B | 1.0% | −0.8% | −3.1% | 0.9998 (−0.02%) | 8 | backed by cash and equivalents |
| 8 | PayPal USD (PYUSD) | $2.97B | 1.0% | +2.4% | +10.5% | 0.9998 (−0.02%) | 18 | backed by cash and equivalents |
| 9 | Ripple USD (RLUSD) | $2.61B | 0.9% | +10.9% | +3.8% | 1.0000 (0.00%) | 2 | backed by cash and equivalents |
| 10 | BlackRock USD (BUIDL) | $2.18B | 0.7% | +0.6% | −2.9% | 1.0000 (0.00%) | 8 | backed by cash and equivalents |
| 11 | Falcon USD (USDf) | $1.72B | 0.6% | 0.0% | +42.5% | 0.9950 (−0.50%) | 2 | crypto-collateralized |
| 12 | United Stables (U) | $1.60B | 0.5% | +0.6% | +3.9% | 0.9988 (−0.12%) | 4 | crypto-collateralized |
| 13 | USDD (USDD) | $1.52B | 0.5% | −14.2% | −1.6% | 0.9981 (−0.19%) | 4 | crypto-collateralized |
| 14 | USDGO (USDGO) | $1.29B | 0.4% | −1.8% | −8.4% | 1.0001 (+0.01%) | 3 | backed by cash and equivalents |
| 15 | Open USD (OUSD) | $825.4M | 0.3% | −0.8% | — | 0.9990 (−0.10%) | 4 | backed by cash and equivalents |
| 16 | GHO (GHO) | $697.7M | 0.2% | 0.0% | 0.0% | 0.9982 (−0.18%) | 2 | crypto-collateralized |
| 17 | USDX Money USDX (USDX) | $683.4M | 0.2% | — | — | — | 3 | crypto-collateralized |
| 18 | Usual USD (USD0) | $541.3M | 0.2% | 0.0% | −0.9% | 0.9989 (−0.11%) | 2 | backed by cash and equivalents |
| 19 | Polymarket USD (pUSD) | $522.4M | 0.2% | +10.3% | +6.1% | 0.9999 (−0.01%) | 1 | crypto-collateralized |
| 20 | Ethena USDtb (USDTB) | $514.4M | 0.2% | −0.5% | −4.1% | 0.9988 (−0.12%) | 2 | backed by cash and equivalents |
Supply = circulating amount (≈ market cap for dollar-pegged coins). Share is of the total stablecoin market (incl. euro etc.). Price deviation above 0.5% is highlighted.
Stablecoins by chain
The 12 largest chains hold 96% of the total.
Frequently asked questions
What is the total stablecoin market cap?
Total stablecoin market cap is about $302.0B; −1.1% over 7 days and −1.9% over 30 days. The largest is Tether (USDT) at $180.8B, 60% of the total; second is USD Coin (USDC) at $71.32B (24%). −1.5% over one year (2026-10-29 09:07 UTC).
What is the USDT market cap?
Tether (USDT) circulating supply is about $180.8B; −1.5% over 30 days.
What does rising stablecoin supply mean?
New stablecoins being minted means dollar liquidity is entering crypto; shrinking supply means it is leaving. Supply alone does not tell price direction.
📘 What is a stablecoin?📊 USDT dominance📊 USDC dominance💱 USDT to TRY🧭 Fear & greed