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Stablecoin Supply

The largest stablecoins ranked by market cap, with the total, price and 24-hour volume. Figures come from CoinGecko, may be delayed, and are never execution prices.

Listed market cap$284.7 billionthe 20 stablecoins in the table
LargestTether61.7% of the listed total
Five largest92.3%of the listed total
Updated13 Nov 2026

Share of the listed market cap

Source: CoinGecko · times are UTC
  • Tether 61.7%
  • USDC 24.3%
  • USDS 3.0%
  • Ethena USDe 1.7%
  • Dai 1.6%
  • Other listed 7.7%

As of . The total is the sum of the coins in the table, not of every stablecoin.

Top stablecoins by market cap

Top stablecoins by market cap, largest first
#StablecoinMarket capShare of listedCirculating supply24h volumePrice
1TetherUSDT$175.6 billion61.7%175.72 billion$63.1 billion$0.9993
2USDC$69.1 billion24.3%69.14 billion$17.3 billion$0.9996
3USDS$8.5 billion3.0%8.55 billion$212.1 million$0.9999
4Ethena USDe$4.9 billion1.7%4.93 billion$39.2 million$0.9994
5Dai$4.5 billion1.6%4.47 billion$197.7 million$0.9998
6USD1$3.1 billion1.1%3.13 billion$1.3 billion$0.9985
7Ripple USDRLUSD$2.7 billion1.0%2.75 billion$185.6 million$0.9999
8Global DollarUSDG$2.7 billion0.9%2.67 billion$547.1 million$0.9999
9PayPal USDPYUSD$2.6 billion0.9%2.56 billion$18.8 million$1.0000
10Falcon USDUSDF$1.7 billion0.6%1.73 billion$766,167$0.9949
11United StablesU$1.6 billion0.6%1.63 billion$242.6 million$0.9995
12USDD$1.5 billion0.5%1.49 billion$1.9 million$0.9984
13BFUSD$1.3 billion0.5%1.32 billion$5.0 million$0.9990
14USDGO$1.1 billion0.4%1.06 billion$37.8 million$1.0000
15Open USDOUSD$968.9 million0.3%969.2 million$854,630$0.9997
16GHO$697.9 million0.2%699.0 million$8.7 million$0.9985
17Usual USDUSD0$537.7 million0.2%538.5 million$757,689$0.9987
18EURC$513.9 million0.2%466.5 million$46.1 million$1.1000
19TrueUSDTUSD$493.9 million0.2%494.5 million$5.4 million$0.9989
20YLDS$489.2 million0.2%489.3 million$9.0 million$0.9997

What stablecoin supply is and how to read it

Definition as of 13 Nov 2026.

A stablecoin is a crypto token designed to hold a steady value, usually one US dollar. Its market cap is its price multiplied by the supply in circulation, so for a dollar stablecoin the market cap is close to the number of tokens issued. The price column is in US dollars; a stablecoin tied to another currency or asset is not expected to trade near $1.

How to read it. Growing supply means more of the token has been issued; falling supply means it has been redeemed. Supply is one of the inputs people use to gauge how much cash-like money is sitting in crypto markets. It is not a forecast of prices, and a price well away from its peg is a warning about that coin only.

Frequently asked questions

Where does this data come from?

CoinGecko’s list of coins in its Stablecoins category, ranked by market cap. It is kept for about an hour, so the time above is when we last fetched it.

Why is the total not the whole stablecoin market?

It adds up only the coins in the table. Smaller stablecoins are not listed, so the real total is larger.

Is the price the price I can trade at?

No. It is a reference price that may be delayed, and never an execution price.

Not investment advice: this is a reading of supply, not a recommendation. See the risk disclaimer.