Network · USD stablecoin supply

Ethereum

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Ethereum is one network in Stable Tape's tracked USD stablecoin universe.

Kind
Network
Figure covers
USD stablecoin supply recorded on this network

Read from the 12 August 2026 reading

Most recent published reading carrying a figure for Ethereum.

$147.95B

USD stablecoin supply on Ethereum

$147,952,543,657

  • 48.1% of tracked USD supply of $307.78B tracked
  • 1st in this reading of 10 networks
  • expanded by +$119.8M since previous published reading +0.08% against 11 August 2026

12 AUG 2026 12:00 UTC cutoff DeFiLlama

Covers tracked USD stablecoin supply recorded on this network, not all activity on the chain.

Frozen observationThis value will not update.

Share on X

Supply over time

52 published readings · −$9.41B across the window

Focus or hover a point to read its date and figure. 1 break where no reading was published: 3 days to 23 June 2026. The line stops at each one rather than crossing it.

Every published reading that stated a supply figure for Ethereum, on the date it was published. Stable Tape does not publish every day, and a reading that was later withdrawn is left out rather than redrawn, so the gaps are real.

Recent observations

Frozen facts. Each row is the value published on that date. No trend or interpretation is added.

The five most recent frozen observations for Ethereum
ReadingSupplyShare of tracked
12 August 2026 $147.95B 48.07%
11 August 2026 $147.83B 48.18%
10 August 2026 $148.73B 48.35%
9 August 2026 $148.61B 48.36%
8 August 2026 $148.70B 48.31%
Every reading in this series, all 52 values
ReadingSupplyShare of tracked
20 June 2026 $157.36B 50.08%
23 June 2026 $157.44B 50.12%
24 June 2026 $157.31B 50.15%
25 June 2026 $157.25B 50.21%
26 June 2026 $156.14B 50.04%
27 June 2026 $156.09B 49.92%
28 June 2026 $156.01B 49.90%
29 June 2026 $155.85B 49.88%
30 June 2026 $155.12B 49.75%
1 July 2026 $154.56B 49.69%
2 July 2026 $154.57B 49.79%
3 July 2026 $153.88B 49.60%
4 July 2026 $154.01B 49.63%
5 July 2026 $154.04B 49.64%
6 July 2026 $154.26B 49.70%
7 July 2026 $154.53B 49.67%
8 July 2026 $153.12B 49.27%
9 July 2026 $152.43B 49.14%
10 July 2026 $152.08B 48.93%
11 July 2026 $152.01B 48.81%
12 July 2026 $152.01B 48.81%
13 July 2026 $152.16B 48.90%
14 July 2026 $150.88B 48.88%
15 July 2026 $151.03B 48.83%
16 July 2026 $150.27B 48.65%
17 July 2026 $150.63B 48.66%
18 July 2026 $150.91B 48.81%
19 July 2026 $151.05B 48.84%
20 July 2026 $151.13B 48.77%
21 July 2026 $150.94B 48.89%
22 July 2026 $150.80B 48.75%
23 July 2026 $151.04B 48.64%
24 July 2026 $150.02B 48.36%
25 July 2026 $149.98B 48.35%
26 July 2026 $149.98B 48.37%
27 July 2026 $149.71B 48.39%
28 July 2026 $149.41B 48.47%
29 July 2026 $149.21B 48.44%
30 July 2026 $148.77B 48.38%
31 July 2026 $148.12B 48.21%
1 August 2026 $148.20B 48.26%
2 August 2026 $148.32B 48.29%
3 August 2026 $148.19B 48.30%
4 August 2026 $148.25B 48.26%
5 August 2026 $149.10B 48.40%
6 August 2026 $148.23B 48.10%
7 August 2026 $148.64B 48.24%
8 August 2026 $148.70B 48.31%
9 August 2026 $148.61B 48.36%
10 August 2026 $148.73B 48.35%
11 August 2026 $147.83B 48.18%
12 August 2026 $147.95B 48.07%

Issuers on Ethereum

130 networks · $147.95B total

The 8 largest networks by supply at the 12 August 2026 reading, with the rest stated as one row. Shares are of $147.95B.
RankNetworkSupplyShare
1 Tether $73.94B 49.98%
2 Circle $46.32B 31.31%
3 Sky $6.54B 4.42%
4 MakerDAO $4.10B 2.77%
5 Ethena $2.26B 1.53%
6 PayPal $1.83B 1.24%
7 World Liberty Financial USD $1.53B 1.03%
8 Ondo $1.26B 0.85%
Other networks (122) $10.16B 6.87%

Where tracked USD stablecoin supply sat on Ethereum at this reading's cutoff, by issuer. These are balances recorded on this network, not payments or transfers between networks.

How this is measured

Read from the published reading. Never recomputed from live data.

One published Stable Tape reading, taken from DeFiLlama, filed under the 12:00Z cutoff on 12 August 2026 and actually read at 11:16 UTC. The reading these figures come from is published in full as the Stable Tape record for 12 August 2026.

Sources, timing and identifiers

Every figure on this page comes from one published Stable Tape reading, named above. Nothing here is refreshed after that reading was frozen, and nothing is filled in from a newer number.

Supply DeFiLlama $307.78B tracked

Stable Tape reads circulating supply once a day, and files each reading under a fixed daily cutoff of 12:00Z, across the benchmark-usd universe. The cutoff is the reference point, not the moment of reading: this reading was actually taken at 11:16 UTC, and that time moves by up to about an hour from one day to the next. DeFiLlama is the source Stable Tape designates for supply. It is the only supply source behind this page, and no comparison against another provider is made or implied.

Network figures are read from snapshot-20260812T1116Z.json, the capture this reading was frozen from, taken at 11:16 UTC, and are published only where they add up exactly to the supply figure the reading states.

Reading date12 August 2026
Daily cutoff12:00Z
Read at11:16 UTC
Capturesnapshot-20260812T1116Z.json
Reading hash (SHA-256)d5ba2565fd4c7c1201b101f8171e9d4a88911e43514851a7a2ab4873923567fb

Definitions and the full method are on the methodology page. Corrections and withdrawn readings are listed on the transparency page.