Stable Briefing, 7 October 2026

USD stablecoin supply stood at $314.82bn on 7 October.

That is 1.3487% of US M2, the broad measure of US dollars in the economy: roughly $1 of stablecoins for every $74 of US M2.

We didn’t run the Signal check for 7 October, so this is not a finding that no Signal applied. Stable Tape does not publish a breakdown by stablecoin, chain or issuer for this date.

This ratio is the Onchain Dollar Share (ODS). The comparison uses US M2 of $23,342,800,000,000, as of 1 August 2026 (source: FRED M2SL). Source: Stable Tape’s Daily Tape record for 7 October 2026 (Governed fixing 16:00 Europe/London).

Record: https://stabletape.com/tape/2026-10-07
Briefing: https://stabletape.com/briefing/2026-10-07
