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TCB IntelligenceUpdated September 16, 2026 UTC

Stablecoin Market Tracker

Live stablecoin supply data from DefiLlama. Tracks total market cap, issuer dominance, peg composition, and top stablecoin rankings across all chains.

Market Overview

Total Stablecoin Market Cap$310.98B
Stablecoins Tracked192
USDT Dominance58.9%
Fiat-Backed Share91%

Top 2 Issuers

Tether (USDT)$183.26B
USD Coin (USDC)$73.74B
USDT / USDC Ratio2.5x

Top 10 Stablecoins by Market Cap

#NameMarket CapDom %Peg Type
1Tether (USDT)$183.26B58.9%fiat
2USD Coin (USDC)$73.74B23.7%fiat
3Sky Dollar (USDS)$6.52B2.1%crypto
4Dai (DAI)$4.78B1.5%crypto
5Ethena USDe (USDe)$4.73B1.5%crypto
6World Liberty Financial USD (USD1)$4.36B1.4%fiat
7Global Dollar (USDG)$3.22B1.0%fiat
8PayPal USD (PYUSD)$2.79B0.9%fiat
9BlackRock USD (BUIDL)$2.68B0.9%fiat
10Circle USYC (USYC)$2.60B0.8%fiat

For stablecoin policy and CBDC analysis, see TCB Stablecoin Coverage. Statistics: Stablecoin Statistics Page.