Total Stablecoin Supply
Supply History
Key Events
Stablecoin Supply Hits $250B
Total stablecoin supply breaks $250B as institutional adoption accelerates globally.
USDT0 Gas Token Adoption
Multiple L2s begin accepting USDT0 as a gas token, signaling stablecoin-native chain infrastructure.
Read article →Circle CPN Launch
Circle launches Cross-chain Payment Network (CPN), enabling USDC-native settlement across multiple chains.
Read article →Stablecoin Supply Hits $200B
Total stablecoin market cap surpasses $200B for the first time, driven by USDT growth in emerging markets.
MiCA Regulation Takes Effect
EU Markets in Crypto-Assets regulation enforced. Tether pauses USDT issuance in EU, USDC gains regulatory advantage.
PayPal Launches PYUSD
PayPal enters stablecoin market with PYUSD on Ethereum, becoming the first major fintech to issue its own stablecoin.
USDC Depeg — SVB Collapse
Silicon Valley Bank collapse caused USDC to briefly depeg to $0.87, triggering $2B+ in redemptions within 48 hours.
Stablecoin Supply Hits $250B
Total stablecoin supply breaks $250B as institutional adoption accelerates globally.
USDT0 Gas Token Adoption
Multiple L2s begin accepting USDT0 as a gas token, signaling stablecoin-native chain infrastructure.
Read article →Circle CPN Launch
Circle launches Cross-chain Payment Network (CPN), enabling USDC-native settlement across multiple chains.
Read article →Stablecoin Supply Hits $200B
Total stablecoin market cap surpasses $200B for the first time, driven by USDT growth in emerging markets.
MiCA Regulation Takes Effect
EU Markets in Crypto-Assets regulation enforced. Tether pauses USDT issuance in EU, USDC gains regulatory advantage.
PayPal Launches PYUSD
PayPal enters stablecoin market with PYUSD on Ethereum, becoming the first major fintech to issue its own stablecoin.
USDC Depeg — SVB Collapse
Silicon Valley Bank collapse caused USDC to briefly depeg to $0.87, triggering $2B+ in redemptions within 48 hours.
Top Stablecoins
| # | Name | Market Cap | 7D | Dominance |
|---|---|---|---|---|
| 1 | $189.8B | +2.30% | 59.5% | |
| 2 | $78.1B | -0.61% | 24.5% | |
| 3 | $8.3B | -3.63% | 2.6% | |
| 4 | $4.6B | +1.48% | 1.5% | |
| 5 | $4.3B | +5.36% | 1.4% | |
| 6 | $4.0B | -31.93% | 1.2% | |
| 7 | $3.5B | -14.27% | 1.1% | |
| 8 | $2.9B | +2.96% | 0.9% | |
| 9 | $2.7B | -9.61% | 0.9% | |
| 10 | $2.3B | +8.82% | 0.7% |
$189.8B
+2.30%
$78.1B
-0.61%
$8.3B
-3.63%
$4.6B
+1.48%
$4.3B
+5.36%
$4.0B
-31.93%
$3.5B
-14.27%
$2.9B
+2.96%
$2.7B
-9.61%
$2.3B
+8.82%
