Analytics
Insights
DeFi
Markets
- Collections
- Launchpad
Intelligence
List Your Project

Debt

The 2026 State of Stablecoins Report

Get our complete analysis of the global stablecoin market, covering issuer strategies, network distribution, and the full regulatory outlook.

Asset-Based Finance

Stablecoins

Securities

Terms & Conditions Privacy Policy AML Policy

Analytics
Insights
DeFi
Markets
- Collections
- Launchpad
Intelligence
List Your Project

What is RWA.io?

Debt

The 2026 State of Stablecoins Report

Get our complete analysis of the global stablecoin market, covering issuer strategies, network distribution, and the full regulatory outlook.

Asset-Based Finance

Stablecoins

Securities

Asset Tokens Market Cap

$300.76b

-1.98%

from 30d ago

Project Tokens Market Cap

$753.95m

-30.38%

from 30d ago

Asset Tokens Monthly Transfer Volume

$2.63t

5.08%

from 30d ago

Project Tokens Monthly Transfer Volume

$4.78b

31.08%

from 30d ago

Stablecoins Market Share

Asset Tokens by Market Cap

* Overview totals count issuer-listed asset tokens only. Other participants can show copies, so project totals below may be higher.

Paxos - Global Dollar

OpenEden Digital - OpenEden OpenDollar

OpenEden Digital - OpenEden TBILL Vault

Ethena Labs - Ethena USDe

Ethena Labs - Ethena USDTb

Tether Holdings - Tether USDt

Tether Holdings - Tether EURt

Tether Holdings - Tether Gold

Tether Holdings - Alloy Tether

Tether Holdings - Tether CNHt

Tether Holdings - Tether MXNt

First Digital Labs - First Digital USD

BiLira - BiLira Turkish Lira

Monerium - Monerium EUR emoney

Monerium - Monerium GBP emoney

ISC - International Stable Currency

Societe Generale - EUR CoinVertible

Mountain Protocol - Mountain USD

Circle - Circle - EURC

Frax Finance - Frax USD

Frax Finance - Frax Price Index Share

Frax Finance - Frax Ether

Gemini - Gemini Dollar

Binance - Binance-Peg BUSD

USDD Protocol - Decentralized USD

Liquity Protocol - Liquity USD

Synthetix Protocol - Synthetix sUSD

Synthetix Protocol - Synthetix sEUR

StraitsX - StraitsX XUSD

StraitsX - StraitsX Singapore Dollar

StraitsX - StraitsX Indonesian Rupiah

Price/NAV: $0.0000591

Forte Tech Solution - Forte AUD

Membrane Finance - EUROe

Open Money DAO - Open Money USD

VNX - VNX Swiss Franc

VNX - VNX British Pound

PT Rupiah Token - Rupiah Token

Price/NAV: $0.0000557

Volume: $4.04

24h: N/A

Market Cap: $9.68m

Fathom - Fathom Dollar

AUDC Pty Ltd - Australian Digital Dollar

Angle Labs - Angle EURA

Angle Labs - Angle USDA

Transfero Group - Transfero BRZ

The Fedz - The Fedz FUSD

Stablecoin Market Cap Rankings


1	Tether Holdings 6 Asset Tokens	$39.60b	$189.10b
2	Circle 3 Asset Tokens	$9.77b	$78.05b
3	Sky 1 Asset Token	$70.37m	$10.61b
4	Binance 1 Asset Token	$442.69m	$9.18b
5	Paxos 5 Asset Tokens	$249.90m	$7.38b
6	Ethena Labs 2 Asset Tokens 1 Project Token	$236.83m	$6.19b
7	Ripple 1 Asset Token	$74.80m	$1.64b
8	USDD Protocol 1 Asset Token	$42.78m	$1.36b
9	Aave 1 Asset Token	$3.68m	$598.52m
10	Figure Certificate Company 1 Asset Token	$15.32m	$558.21m

1 - 10 of 79 results

Terms & Conditions Privacy Policy AML Policy

Stablecoins Market Data & RWA Analytics | RWA.io

Paxos - Global Dollar

OpenEden Digital - OpenEden OpenDollar

OpenEden Digital - OpenEden TBILL Vault

Ethena Labs - Ethena USDe

Ethena Labs - Ethena USDTb

Tether Holdings - Tether USDt

Tether Holdings - Tether EURt

Tether Holdings - Tether Gold

Tether Holdings - Alloy Tether

Tether Holdings - Tether CNHt

Tether Holdings - Tether MXNt

First Digital Labs - First Digital USD

BiLira - BiLira Turkish Lira

Monerium - Monerium EUR emoney

Monerium - Monerium GBP emoney

ISC - International Stable Currency

Societe Generale - EUR CoinVertible

Mountain Protocol - Mountain USD

Circle - Circle - EURC

Frax Finance - Frax USD

Frax Finance - Frax Price Index Share

Frax Finance - Frax Ether

Gemini - Gemini Dollar

Binance - Binance-Peg BUSD

USDD Protocol - Decentralized USD

Liquity Protocol - Liquity USD

Synthetix Protocol - Synthetix sUSD

Synthetix Protocol - Synthetix sEUR

StraitsX - StraitsX XUSD

StraitsX - StraitsX Singapore Dollar

StraitsX - StraitsX Indonesian Rupiah

Price/NAV: $0.0000591

Forte Tech Solution - Forte AUD

Membrane Finance - EUROe

Open Money DAO - Open Money USD

VNX - VNX Swiss Franc

VNX - VNX British Pound

PT Rupiah Token - Rupiah Token

Price/NAV: $0.0000557

Volume: $4.04

24h: N/A

Market Cap: $9.68m

Fathom - Fathom Dollar

AUDC Pty Ltd - Australian Digital Dollar

Angle Labs - Angle EURA

Angle Labs - Angle USDA

Transfero Group - Transfero BRZ

The Fedz - The Fedz FUSD

Stablecoin Market Cap Rankings


1	Tether Holdings 6 Asset Tokens	$39.60b	$189.10b
2	Circle 3 Asset Tokens	$9.77b	$78.05b
3	Sky 1 Asset Token	$70.37m	$10.61b
4	Binance 1 Asset Token	$442.69m	$9.18b
5	Paxos 5 Asset Tokens	$249.90m	$7.38b
6	Ethena Labs 2 Asset Tokens 1 Project Token	$236.83m	$6.19b
7	Ripple 1 Asset Token	$74.80m	$1.64b
8	USDD Protocol 1 Asset Token	$42.78m	$1.36b
9	Aave 1 Asset Token	$3.68m	$598.52m
10	Figure Certificate Company 1 Asset Token	$15.32m	$558.21m

1 - 10 of 79 results

Asset Tokens Market Cap

$300.76b

-1.98%

from 30d ago

Project Tokens Market Cap

$753.95m

-30.38%

from 30d ago

Asset Tokens Monthly Transfer Volume

$2.63t

5.08%

from 30d ago

Project Tokens Monthly Transfer Volume

$4.78b

31.08%

from 30d ago

Stablecoins Market Share

Asset Tokens by Market Cap

* Overview totals count issuer-listed asset tokens only. Other participants can show copies, so project totals below may be higher.