Crypto Intel
Stablecoin Liquidity
LiveStablecoin supply is the closest public read on dry powder: dollars minted on-chain, waiting to buy something.
Refreshes every 30 min · Data by DefiLlama
Stablecoin supply
$306.99B
total circulating, all chains
1d change
-$238.62M
fresh liquidity impulse
7d change
-$1.3B
weekly expansion or contraction
30d change
+$2.5B
monthly liquidity trend
Stablecoin supply history
Total circulating stablecoin supply · +0.5% over this window
$317.09B
$299.87B
Chain split
Where stablecoin balances actually sit.
- Ethereum$144.79B
- Tron$95.05B
- Solana$15.8B
- BSC$13.11B
- Hyperliquid L1$7.03B
- Base$5.29B
- Arbitrum$3.58B
- Polygon$2.87B
- X Layer$1.5B
- Avalanche$1.38B
- Plasma$1.31B
- XRPL$1.09B
Dry powder ratio
11.15%
stablecoins as a share of the $2.75T total market
Chains covered
12+
Ethereum leads with 48%
Peg health
93 off peg
tracked coins more than 0.5% from $1.00
Top stablecoins
Supply, share, weekly change, and distance from the dollar peg.
| Asset | Supply | Share | 7d change | 30d change | Price | Backing | Weight |
|---|---|---|---|---|---|---|---|
USDT Tether | $183.5B | 59.6% | -$824.35M | +$211.24M | $0.9994 | fiat backed | |
USDC USD Coin | $72.73B | 23.6% | -$536.05M | -$937.64M | $0.9999 | fiat backed | |
USDS Sky Dollar | $7.07B | 2.3% | +$235.32M | +$586.9M | $1.0000 | crypto backed | |
DAI Dai | $4.73B | 1.5% | -$31.74M | -$61.29M | $1.0002 | crypto backed | |
USDE Ethena USDe | $4.7B | 1.5% | -$122.18M | -$3.39M | $0.9995 | crypto backed | |
USD1 World Liberty Financial USD | $4.07B | 1.3% | -$248.34M | -$293.12M | $0.9992 | fiat backed | |
USDG Global Dollar | $3.03B | 1.0% | -$45.41M | -$200.26M | $1.0002 | fiat backed | |
PYUSD PayPal USD | $2.8B | 0.9% | -$81.17M | -$21.26M | $1.0000 | fiat backed | |
RLUSD Ripple USD | $2.37B | 0.8% | -$101.84M | +$29.41M | $1.0004 | fiat backed | |
BUIDL BlackRock USD | $2.17B | 0.7% | -$29.27M | -$514.21M | $1.0000 | fiat backed | |
USDD USDD | $1.77B | 0.6% | +$175.78M | — | $0.9979 | crypto backed | |
USDF Falcon USD | $1.72B | 0.6% | +$64.74M | +$544.48M | $0.9952 | crypto backed | |
U United Stables | $1.57B | 0.5% | +$31.48M | +$198.91M | $0.9995 | crypto backed | |
USDGO USDGO | $1.28B | 0.4% | -$25.4M | -$98.39M | $1.0004 | fiat backed | |
OUSD Open USD | $824.67M | 0.3% | +$35.39M | — | $0.9995 | fiat backed | |
GHO GHO | $698.11M | 0.2% | +$0 | +$0 | $0.9987 | crypto backed | |
A7A5 A7A5 | $556.73M | 0.2% | +$198.22K | +$88.92M | — | fiat backed | |
USD0 Usual USD | $541.47M | 0.2% | -$851.75K | -$5.48M | $0.9988 | fiat backed | |
USDTB Ethena USDtb | $517.64M | 0.2% | +$18.21M | -$9.68M | $0.9996 | fiat backed | |
YLDS YLDS | $506.24M | 0.2% | +$11.58M | +$2.97M | $0.9994 | fiat backed |
Reading this page. Rising stablecoin supply means dollars are entering crypto and sitting ready to deploy; falling supply means capital is redeeming out. It is a supply measure, not a demand one — minted coins can sit idle for months. The dry powder ratio puts supply in context against the whole market, so it keeps its meaning as prices move. Peg deviation flags coins trading away from $1.00, which is worth knowing before treating a balance as cash.
Information only, not investment advice.