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.
Top stablecoins by market cap
$301.1 billion total market cap of the 20 stablecoins listed
| # | Stablecoin | Market cap | Share of listed | Circulating supply | 24h volume | Price |
|---|---|---|---|---|---|---|
| 1 | TetherUSDT | $183.8 billion | 61.0% | 183.87 billion | $71.5 billion | $0.9997 |
| 2 | USDCUSDC | $74.8 billion | 24.8% | 74.81 billion | $21.8 billion | $0.9999 |
| 3 | USDSUSDS | $9.8 billion | 3.2% | 9.78 billion | $191.2 million | $0.9994 |
| 4 | Ethena USDeUSDE | $4.9 billion | 1.6% | 4.91 billion | $34.9 million | $0.9996 |
| 5 | DaiDAI | $4.6 billion | 1.5% | 4.61 billion | $248.6 million | $1.0000 |
| 6 | USD1USD1 | $4.4 billion | 1.5% | 4.42 billion | $1.1 billion | $0.9993 |
| 7 | Global DollarUSDG | $3.2 billion | 1.1% | 3.25 billion | $901.0 million | $1.0000 |
| 8 | PayPal USDPYUSD | $2.7 billion | 0.9% | 2.70 billion | $85.5 million | $0.9998 |
| 9 | Ripple USDRLUSD | $2.5 billion | 0.8% | 2.52 billion | $288.2 million | $1.0000 |
| 10 | United StablesU | $1.5 billion | 0.5% | 1.54 billion | $151.3 million | $0.9996 |
| 11 | USDDUSDD | $1.5 billion | 0.5% | 1.54 billion | $2.3 million | $0.9987 |
| 12 | USDGOUSDGO | $1.4 billion | 0.5% | 1.41 billion | $17.5 million | $1.0000 |
| 13 | Falcon USDUSDF | $1.4 billion | 0.5% | 1.38 billion | $342,857 | $0.9957 |
| 14 | BFUSDBFUSD | $1.3 billion | 0.4% | 1.32 billion | $2.3 million | $0.9990 |
| 15 | GHOGHO | $698.6 million | 0.2% | 699.0 million | $12.3 million | $0.9995 |
| 16 | Usual USDUSD0 | $546.2 million | 0.2% | 546.8 million | $456,237 | $0.9988 |
| 17 | YLDSYLDS | $500.2 million | 0.2% | 500.4 million | $16.4 million | $0.9997 |
| 18 | TrueUSDTUSD | $494.3 million | 0.2% | 494.5 million | $11.4 million | $0.9997 |
| 19 | USDtbUSDTB | $492.3 million | 0.2% | 492.5 million | $119,642 | $0.9996 |
| 20 | A7A5A7A5 | $468.1 million | 0.2% | 39.24 billion | $3,924 | $0.0119 |
What stablecoin supply is and how to read it
Definition as of 29 Sep 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 ten minutes, 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.