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
49.2% share
2nd chain
Tron
30.0% share
Networks
207
with stablecoins
Total Market Cap
$310.61B
Chain Market Share over Time
Share of stablecoin supply by chain
Nov 2017
Jul 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Current Distribution
Stablecoin value by chain, now
Ethereum
$148.53B 49.2%
Tron
$90.57B 30.0%
Solana
$16.14B 5.4%
BSC
$14.01B 4.6%
Hyperliquid L1
$6.27B 2.1%
Base
$4.77B 1.6%
Arbitrum
$3.59B 1.2%
Polygon
$3.21B 1.1%
X Layer
$1.98B 0.7%
Avalanche
$1.56B 0.5%
Aptos
$1.24B 0.4%
XRPL
$986.60M 0.3%
Others (167)
$8.78B 2.9%
Total Market Cap
All stablecoins, all chains
$320.17B
$110.1K
Nov 29, 2017
Jul 23, 2026
Supply by Chain over Time
Absolute stablecoin supply, stacked by chain
Nov 2017
Jul 2026
Ethereum
Tron
Solana
BSC
Hyperliquid L1
Base
Arbitrum
Polygon
X Layer
Data via DefiLlama. Not investment advice.