Stablecoin supply, by chain
Where the world's $303B of stablecoins actually sits, and why two chains hold four dollars in five.
$303B · Circulating stablecoin value, all chains
Open the data ▸MarketsBTC$61,823▼ 3.0%ETH$1,755▼ 2.6%SOL$74.39▼ 3.0%The board is context, not calls
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STACKToday's board Live
BTCBitcoin$61,823-3.0%
ETHEthereum$1,755-2.6%
SOLSolana$74.39-3.0%
$2.2T
Total market cap
$303B
Stablecoin supply
56%
BTC dominance
Two ways in
Stacks & Stories
STACK · THE NUMBERS
The data side
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Browse the StacksStack · Stablecoin supply
Where the world's stablecoins sit, and why two chains hold most of it.
STORY · THE WHY
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One clear argument per issue, in plain English, with a point of view. What it means, and why it matters.
Read the StoriesStory · Essay
Stablecoins quietly became the product, and the regulators noticed last.
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