An institutional monthly review of the stablecoin market — size, concentration, regulatory compliance, peg stability, supply by chain and the macro backdrop. Computed from primary data, free to read and cite.
Total stablecoin supply began August at $297.85B and ended at $303.95B, a 2.05% increase that reversed the July 2026 decline. Market share shifted modestly: USDT dominance fell from 61.5% to 60.7%, down 0.7 percentage point, while USDC dominance rose from 24.1% to 24.4%, up 0.3 p
Total stablecoin supply fell from $302.52B to $298.76B in July, a -1.24% decline and the third consecutive monthly fall. Market share edged further toward USDT, whose dominance rose from 60.7% to 61.2%, a +0.4pp increase. USDC’s dominance slipped from 24.1% to 23.9%, a -0.2pp mov
Total stablecoin supply stood at $309.66B at the start of June and ended at $303.11B, a decline of 2.12%, falling for a second consecutive month. USDT’s share edged up from 57.8% to 58.0%, a gain of 0.2pp, while USDC’s share slipped from 23.4% to 23.1%, down 0.3pp. The contractio
Stablecoin supply was little changed in May, slipping from $311.11B to $309.81B, a decline of 0.42%. The two largest coins lost share: USDT dominance fell from 58.3% to 57.8%, while USDC dominance declined from 23.7% to 23.3%. In the 7 May cluster, total market capitalisation rea