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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

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Insights
DeFi
Markets
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- Launchpad
Intelligence
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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

$303.62b

0.98%

from 30d ago

Project Tokens Market Cap

$912.86m

29.42%

from 30d ago

Asset Tokens Monthly Transfer Volume

$2.50t

3.73%

from 30d ago

Project Tokens Monthly Transfer Volume

$3.28b

8.08%

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.

Forte Tech Solution - Forte AUD

AUDC Pty Ltd - Australian Digital Dollar

Angle Labs - Angle EURA

Angle Labs - Angle USDA

BiLira - BiLira Turkish Lira

Binance - Binance-Peg BUSD

Circle - Circle - EURC

Ethena Labs - Ethena USDe

Ethena Labs - Ethena USDTb

Fathom - Fathom Dollar

First Digital Labs - First Digital USD

Frax Finance - Frax USD

Frax Finance - Frax Price Index Share

Frax Finance - Frax Ether

Gemini - Gemini Dollar

ISC - International Stable Currency

Liquity Protocol - Liquity USD

Membrane Finance - EUROe

Monerium - Monerium EUR emoney

Monerium - Monerium GBP emoney

Mountain Protocol - Mountain USD

Open Money DAO - Open Money USD

OpenEden Digital - OpenEden OpenDollar

OpenEden Digital - OpenEden TBILL Vault

PT Rupiah Token - Rupiah Token

Paxos - Global Dollar

Societe Generale - EUR CoinVertible

StraitsX - StraitsX XUSD

StraitsX - StraitsX Singapore Dollar

StraitsX - StraitsX Indonesian Rupiah

Synthetix Protocol - Synthetix sUSD

Synthetix Protocol - Synthetix sEUR

Tether Holdings - Tether USDt

Tether Holdings - Tether EURt

Tether Holdings - Tether Gold

Tether Holdings - Alloy Tether

Tether Holdings - Tether CNHt

Tether Holdings - Tether MXNt

The Fedz - The Fedz FUSD

Transfero Group - Transfero BRZ

USDD Protocol - Decentralized USD

VNX - VNX Swiss Franc

VNX - VNX British Pound

Stablecoin Market Cap Rankings


1	Tether Holdings 6 Asset Tokens	$90.46b	$192.28b
2	Circle 3 Asset Tokens	$18.39b	$81.12b
3	Sky 1 Asset Token	$35.86m	$11.35b
4	Binance 1 Asset Token	$378.61m	$9.18b
5	Paxos 5 Asset Tokens	$336.58m	$8.07b
6	Ethena Labs 2 Asset Tokens 1 Project Token	$245.15m	$5.39b
7	Ripple 1 Asset Token	$133.94m	$1.55b
8	USDD Protocol 1 Asset Token	$4.69m	$1.48b
9	Aave 1 Asset Token	$2.62m	$583.90m
10	First Digital Labs 1 Asset Token	$23.53m	$402.34m

1 - 10 of 76 results

Terms & Conditions Privacy Policy AML Policy

Stablecoins Market Data & RWA Analytics | RWA.io

Forte Tech Solution - Forte AUD

AUDC Pty Ltd - Australian Digital Dollar

Angle Labs - Angle EURA

Angle Labs - Angle USDA

BiLira - BiLira Turkish Lira

Binance - Binance-Peg BUSD

Circle - Circle - EURC

Ethena Labs - Ethena USDe

Ethena Labs - Ethena USDTb

Fathom - Fathom Dollar

First Digital Labs - First Digital USD

Frax Finance - Frax USD

Frax Finance - Frax Price Index Share

Frax Finance - Frax Ether

Gemini - Gemini Dollar

ISC - International Stable Currency

Liquity Protocol - Liquity USD

Membrane Finance - EUROe

Monerium - Monerium EUR emoney

Monerium - Monerium GBP emoney

Mountain Protocol - Mountain USD

Open Money DAO - Open Money USD

OpenEden Digital - OpenEden OpenDollar

OpenEden Digital - OpenEden TBILL Vault

PT Rupiah Token - Rupiah Token

Paxos - Global Dollar

Societe Generale - EUR CoinVertible

StraitsX - StraitsX XUSD

StraitsX - StraitsX Singapore Dollar

StraitsX - StraitsX Indonesian Rupiah

Synthetix Protocol - Synthetix sUSD

Synthetix Protocol - Synthetix sEUR

Tether Holdings - Tether USDt

Tether Holdings - Tether EURt

Tether Holdings - Tether Gold

Tether Holdings - Alloy Tether

Tether Holdings - Tether CNHt

Tether Holdings - Tether MXNt

The Fedz - The Fedz FUSD

Transfero Group - Transfero BRZ

USDD Protocol - Decentralized USD

VNX - VNX Swiss Franc

VNX - VNX British Pound

Stablecoin Market Cap Rankings


1	Tether Holdings 6 Asset Tokens	$90.46b	$192.28b
2	Circle 3 Asset Tokens	$18.39b	$81.12b
3	Sky 1 Asset Token	$35.86m	$11.35b
4	Binance 1 Asset Token	$378.61m	$9.18b
5	Paxos 5 Asset Tokens	$336.58m	$8.07b
6	Ethena Labs 2 Asset Tokens 1 Project Token	$245.15m	$5.39b
7	Ripple 1 Asset Token	$133.94m	$1.55b
8	USDD Protocol 1 Asset Token	$4.69m	$1.48b
9	Aave 1 Asset Token	$2.62m	$583.90m
10	First Digital Labs 1 Asset Token	$23.53m	$402.34m

1 - 10 of 76 results

Asset Tokens Market Cap

$303.62b

0.98%

from 30d ago

Project Tokens Market Cap

$912.86m

29.42%

from 30d ago

Asset Tokens Monthly Transfer Volume

$2.50t

3.73%

from 30d ago

Project Tokens Monthly Transfer Volume

$3.28b

8.08%

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.