The Bitcoin Credit Stack
all rates APR, act/365 · as of 2026-09-04

Indicators · market

Stablecoin Supply

stablecoins

Aggregate stablecoin supply, the liquidity backdrop for the lending side.

UnitsUSD
Computed at2026-09-05
Historyserved

Reading

date2026-09-05
source_noteSupply is summed from stablecoin_supply_history across every chain an issuer is deployed on. Market cap and dominance come from stablecoin_metrics, which is a different source and the only one carrying them. Supply figures are HIGHER than this endpoint served before 2026-08-01 because the chain coverage is wider, not because supply grew.
total_supply_usd277048870981.20184
issuers
7 entries
[
  {
    "issuer": "USDT",
    "supply_usd": 183361716341.83762,
    "chains": 109,
    "source": "defillama"
  },
  {
    "issuer": "USDC",
    "supply_usd": 74745667958.33281,
    "chains": 133,
    "source": "defillama"
  },
  {
    "issuer": "USDS",
    "supply_usd": 6621393370.090967,
    "chains": 7,
    "source": "defillama"
  },
  {
    "issuer": "DAI",
    "supply_usd": 4807554442.483922,
    "chains": 38,
    "source": "defillama"
  },
  {
    "issuer": "USDe",
    "supply_usd": 4331250320.775909,
    "chains": 30,
    "source": "defillama"
  },
  {
    "issuer": "PYUSD",
    "supply_usd": 2846867949.83003,
    "chains": 18,
    "source": "defillama"
  },
  {
    "issuer": "FDUSD",
    "supply_usd": 334420597.850601,
    "chains": 6,
    "source": "defillama"
  }
]
by_chain
25 entries
[
  {
    "chain": "ethereum",
    "supply_usd": 135980867841.662,
    "issuers": 7
  },
  {
    "chain": "tron",
    "supply_usd": 92311470574.48187,
    "issuers": 3
  },
  {
    "chain": "solana",
    "supply_usd": 11304834338.311335,
    "issuers": 7
  },
  {
    "chain": "bsc",
    "supply_usd": 10960362484.70975,
    "issuers": 5
  },
  {
    "chain": "hyperliquid l1",
    "supply_usd": 6950671908.624205,
    "issuers": 3
  },
  {
    "chain": "base",
    "supply_usd": 4604173869.067243,
    "issuers": 3
  },
  {
    "chain": "arbitrum",
    "supply_usd": 3505583979.2402396,
    "issuers": 7
  },
  {
    "chain": "polygon",
    "supply_usd": 3090100762.924284,
    "issuers": 4
  },
  {
    "chain": "aptos",
    "supply_usd": 944322881.1079829,
    "issuers": 2
  },
  {
    "chain": "plasma",
    "supply_usd": 896456164.580649,
    "issuers": 2
  },
  {
    "chain": "avalanche",
    "supply_usd": 768541635.0724026,
    "issuers": 6
  },
  {
    "chain": "ton",
    "supply_usd": 764202055.75034,
    "issuers": 3
  },
  {
    "chain": "mantle",
    "supply_usd": 541741003.423403,
    "issuers": 3
  },
  {
    "chain": "op mainnet",
    "supply_usd": 440996982.4325586,
    "issuers": 6
  },
  {
    "chain": "monad",
    "supply_usd": 357363033.590701,
    "issuers": 3
  },
  {
    "chain": "stellar",
    "supply_usd": 325453089,
    "issuers": 1
  },
  {
    "chain": "robinhood chain",
    "supply_usd": 320424235.671862,
    "issuers": 1
  },
  {
    "chain": "sui",
    "supply_usd": 303928769.58954,
    "issuers": 3
  },
  {
    "chain": "fantom",
    "supply_usd": 299474577.22345006,
    "issuers": 3
  },
  {
    "chain": "kaia",
    "supply_usd": 199378685.0208577,
    "issuers": 3
  },
  {
    "chain": "cronos",
    "supply_usd": 187357058.979471,
    "issuers": 1
  },
  {
    "chain": "starknet",
    "supply_usd": 149060877.15627435,
    "issuers": 3
  },
  {
    "chain": "sonic",
    "supply_usd": 143990022.622308,
    "issuers": 1
  },
  {
    "chain": "x layer",
    "supply_usd": 122307116.164664,
    "issuers": 3
  },
  {
    "chain": "near",
    "supply_usd": 104002463.40156174,
    "issuers": 3
  }
]
coverage
issuers7
chains_total150
chains_returned25
noteby_chain is the largest chains by supply, capped by ?chains= (default 25). The issuer totals above are over ALL chains, not just the ones listed.
market_cap
total_stablecoin_mcap262627773174.41
stablecoin_dominance9.733
as_of2026-09-05
sourcestablecoin_metrics
total_stablecoin_mcap262627773174.41
stablecoin_dominance9.733
usdt_supply183361716341.83762
usdc_supply74745667958.33281
usds_supply6621393370.090967
dai_supply4807554442.483922
usde_supply4331250320.775909
pyusd_supply2846867949.83003
fdusd_supply334420597.850601

Where this comes from

RESThttps://api.bitcoincreditstack.com/v1/market/stablecoins/current
MCPget_indicator({ indicator: "stablecoins" })

The payload carries more than this page renders — the full nested structure, and for most indicators a daily history this page does not chart. That asymmetry is deliberate.