Dollar dominance of the stablecoin market
The live share of stablecoin supply denominated in US dollars versus every other currency, with the largest non-dollar tokens behind the remainder.
What share of stablecoin supply is denominated in US dollars?
98.23%
of all stablecoin supply is denominated in US dollars
98.23% of tracked stablecoin supply is denominated in US dollars ($301.91B), against roughly $5.46B across 10 non-dollar stablecoins. The dollar's dominance on-chain is materially higher than its share of global FX reserves or cross-border payments.
Updated 3 min ago · Non-USD stablecoin screener
Non-dollar stablecoin supply by currency
| Currency | Supply |
|---|---|
| JPY · Japanese yen1 token · 0.813% of all supply | $2.50B |
| TRY · Turkish lira1 token · 0.586% of all supply | $1.80B |
| EUR · Euro4 tokens · 0.142% of all supply | $435.00M |
| BRL · Brazilian real1 token · 0.130% of all supply | $400.00M |
| SGD · Singapore dollar1 token · 0.098% of all supply | $300.00M |
| CAD · Canadian dollar1 token · 0.004% of all supply | $12.00M |
| GBP · Pound sterling1 token · 0.003% of all supply | $8.00M |
Cite this figure
Source: usd.net — Dollar dominance of the stablecoin market. https://usd.net/stats/dollar-dominance