Stablecoin Dashboard
Overview
Stablecoins are one of the fastest-growing financial primitives in crypto, powering payments, trading, savings, and cross-border transfers for millions of users worldwide. This dashboard tracks the global stablecoin economy using on-chain data across multiple blockchains.
Most stablecoin dashboards focus on issuer supply or market share. This dashboard focuses on how stablecoins are actually used, tracking activity such as circulating supply, wallet adoption, and transaction flows across chains.
Tokens
Each stablecoin is issued by a different protocol with its own design, reserves, and distribution strategy. This view breaks down activity by what the stablecoin is, revealing how different issuers compete for adoption across the ecosystem.
Chains
The same stablecoin can circulate across dozens of blockchains, each with its own users, fees, and applications. This view breaks down activity by where it happens, revealing which ecosystems are winning the competition for liquidity and transaction volume.
Methodology
- All daily transaction volumes are calculated from 7-day trailing averages
- A monthly active wallet is any wallet that was involved in an onchain transfer of a stablecoin in the last 28 days
- Tracked stablecoins include the following assets: USDT, USDC, USDe, USDH, DAI, USDS, FDUSD, USD0, crvUSD, frxUSD, USR, USDZ, TUSD, PYUSD, BUSD, MIM, M, EURC, XSGD, USDP, deUSD, USDG, USDD, GHO, DOLA, USDA, GYEN, GUSD, EURS, USDm, RLUSD, JPMD, mUSD, CASH, USDxl, feUSD, SyrupUSDT, USDai, xUSD, nBASIS, SyzUSD, and AUSD.
- On Plasma, the following additional assets are tracked: sUSDe, wsrUSR, and sUSDai.
- On Hyperliquid, all stablecoins are tracked.
- All verified stablecoins are included across chains, with the exception of USD T-bill and gold-backed tokens.