Stable Briefing, 5 November 2026

USD stablecoin supply stood at $295.20bn on 5 November.

That is 1.2608% of US M2, the broad measure of US dollars in the economy: roughly $1 of stablecoins for every $79 of US M2.

We didn’t run the Signal check for 5 November, 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 $23,413,900,000,000, as of 1 September 2026 (source: FRED M2SL). Source: Stable Tape’s Daily Tape record for 5 November 2026 (Governed fixing 16:00 Europe/London).

Record: https://stabletape.com/tape/2026-11-05
Briefing: https://stabletape.com/briefing/2026-11-05