Chains
Stablecoins by Chain
Where stablecoin value actually lives — supply and market share across every major blockchain, and how the balance has shifted.
Top chain
Ethereum
47.5% share
2nd chain
Tron
31.4% share
Networks
209
with stablecoins
Total Market Cap
$304.60B
Chain Market Share over Time
Share of stablecoin supply by chain
Nov 2017
Oct 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Current Distribution
Stablecoin value by chain, now
Ethereum
$142.27B 47.5%
Tron
$93.87B 31.4%
Solana
$15.23B 5.1%
BSC
$13.61B 4.5%
Hyperliquid L1
$6.86B 2.3%
Base
$5.12B 1.7%
Arbitrum
$3.65B 1.2%
Polygon
$2.91B 1.0%
X Layer
$1.48B 0.5%
Avalanche
$1.32B 0.4%
Plasma
$1.32B 0.4%
XRPL
$1.08B 0.4%
Others (158)
$10.55B 3.5%
Total Market Cap
All stablecoins, all chains
$314.87B
$110.1K
Nov 29, 2017
Oct 27, 2026
Supply by Chain over Time
Absolute stablecoin supply, stacked by chain
Nov 2017
Oct 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Data via DefiLlama. Not investment advice.