Stablecoin Statistics
Global Stablecoin Market Statistics
Key stablecoin market data including total supply, issuer breakdown, and peg composition. Updated daily from DefiLlama primary data.
Last updated: November 10, 2026 UTC
Market Overview
Total Stablecoin Market Cap$293.73BCombined market cap of all stablecoins across all blockchains as of today.Source: DefiLlama stablecoins.llama.fi
Number of Tracked Stablecoins193+Active stablecoins with market cap exceeding $1M, across all chains.Source: DefiLlama (>$1M market cap)
Top Issuers
Tether (USDT) Market Cap$176.21BUSDT dominance: 60.0% of total stablecoin market. The largest stablecoin by circulation, issued by Tether Limited.Source: DefiLlama / Tether
USD Coin (USDC) Market Cap$70.39BUSDC is issued by Circle and is the primary regulated stablecoin used by institutional DeFi participants.Source: DefiLlama / Circle
DAI Market Cap$4.66BDAI is the largest decentralised stablecoin, collateralised by on-chain assets and governed by MakerDAO.Source: DefiLlama / MakerDAO
Market Composition
USDT Stablecoin Dominance60.0%Tether dominates the stablecoin market, though its share has declined from 80%+ as USDC and DAI have grown.Source: TCB (USDT supply / total stablecoin supply)
Fiat-Backed Stablecoin Share~91%Approximately 91% of stablecoin supply is backed by fiat currency reserves. The remainder is crypto-collateralised (e.g. DAI) or algorithmic.Source: DefiLlama stablecoin breakdown (pegMechanism)
For stablecoin policy and CBDC developments, see TCB coverage at /category/stablecoins/.