Market intelligence

Stablecoin Market Data

The on-chain dollar economy at a glance. Reference figures curated from Artemis Analytics for finance leaders.

Stablecoins have grown from a crypto-trading tool into real settlement infrastructure. This page tracks the metrics that matter to finance leaders: total supply, transfer volume, who issues the dollars, and which blockchains carry the activity. Together they show how quickly digital dollars are being adopted for payments and treasury.

$258B
Total stablecoin supply
+38% YoY
$27.6T
Annual transfer volume
Settled on-chain
32M+
Monthly active addresses
Unique senders / receivers
99%
Share of supply: USD-pegged
USDT + USDC dominant
Supply by issuer

Who issues the dollars

$258Btotal supply
  • Tether USDT62%
  • Circle USDC25%
  • Sky / DAI USDS5%
  • Ethena USDe4%
  • Others n/a4%
Annual transfer volume

Where dollars move

  • Ethereum$9.4T
  • Tron$7.1T
  • Solana$4.8T
  • Base$2.3T
  • BNB Chain$1.6T
  • Arbitrum$1.1T

Data attribution. Figures are curated reference values sourced from Artemis Analytics. For a live, coin-by-coin breakdown, see the full list of stablecoins by market cap.

View the list of stablecoins →
How to read this

Key stablecoin metrics, explained

Total supply

The combined market value of all stablecoins in circulation. It proxies how many digital dollars exist and how much demand there is to hold them.

Transfer volume

The value moved on-chain over a period. Adjusted volume filters out bots and internal shuffling to estimate genuine economic activity.

Issuer share

How supply splits across issuers. The market is concentrated, with USDT and USDC making up the majority of all stablecoins.

Activity by chain

Which blockchains carry transfers. Tron and Ethereum dominate value, while newer chains compete on speed and low fees.