Current share of tracked on-chain fiat.
USD dominates the board.
USD-denominated assets account for 99.7% of tracked on-chain fiat supply.
All tracked currencies shown above, sorted by current share. Launch tracking live since May 27, 2026.
Currency breakdown tracks the fiat-currency split in the broader stablecoin universe. DDD uses USD stablecoin supply only; non-USD stablecoins are context, not part of the DDD numerator.
Currency breakdown shows the fiat units represented in the broader stablecoin universe. DDD uses the USD stablecoin numerator only; non-USD stablecoins are supporting context, not part of the DDD headline.
Source basis: DeFiLlama stablecoin supply and pegged-asset currency classifications.
DDD numerator is USD-only. Non-USD stablecoins are not included in the DDD headline ratio. Source classification can change, and currency breakdown is not transaction volume or user adoption.
This view shows the current currency split across tracked fiat stablecoins visible on public networks.
USD-denominated assets account for 99.7% of tracked on-chain fiat supply.
All tracked currencies shown above, sorted by current share. Launch tracking live since May 27, 2026.
The benchmark read is unambiguous.
At 99.7%, USD-denominated stablecoins effectively are the market right now. Non-USD assets exist, but they remain rounding-error small in aggregate share terms.
DDD tracks USD stablecoin supply against U.S. M2. This board answers a different question: how on-chain fiat supply is split across currencies once it is already visible on public networks.
Together, the two views separate the stablecoin-to-M2 benchmark from the slower question of whether non-dollar fiat currencies are starting to matter on-chain.
Since the on-chain fiat layer is currently 99.7% USD-denominated, U.S. M2 is the relevant denominator for the DDD benchmark. That comparison does not claim stablecoins are part of M2.
Daily Tape
The latest official Daily Tape window, daily card, and citable stablecoin supply movement updates.