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Avalanche C-Chain

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Last updated 1 October 2026 · daily

Layer 1EVM

EVM-compatible L1 with fast finality. Strong institutional stablecoin presence including USDT and USDC, and home to Avalanche DeFi.

Stablecoin supply: $1.6B 0.52% of networks covered
Rank by supply: 9 of 30 covered
Coins on this chain: 38 13 above $1M
Largest coin's share: 30.4% BUIDL
Concentration (HHI): 2,405 of 10,000

01

The mix

38 coins · HHI 2,405

Top coin — the largest coin's share of this chain's stablecoin supply. HHI — Herfindahl-Hirschman Index, the sum of squared percentage shares on a 0–10,000 scale, the same definition published for the market-wide concentration series. Both are computed over every coin with supply on the chain, not only those listed below. A chain's concentration measure describes only its stablecoin mix. It does not indicate the security of the chain or the soundness of the issuers represented on it.

#	Stablecoin	Type	Supply on Avalanche C-Chain
1	BUIDLBlackRock USD	Fiat	$487M
2	USDCUSD Coin	Fiat	$454M
3	USDTTether	Fiat	$392M
4	avUSDAvant USD	Fiat	$123M
5	USPUSP Stablecoin	Crypto	$65M
6	UTYXSY UTY	Crypto	$21M
7	USDSSpiceUSD	Algo	$14M
8	YUSDYUSD Stablecoin	Crypto	$12M
9	DAIDai	Crypto	$11M
10	NXUSDNXUSD	Crypto	$7M
11	USDeEthena USDe	Crypto	$7M
12	AUSDAgora Dollar	Fiat	$3M
13	BUSDBinance Peg BUSD	Crypto	$1M

Coins with at least $1M of supply on this chain, ranked by that supply. 25 further coins hold smaller balances here and are counted in the concentration figures above but not listed.

02

The network

Launched	2020
Tier	Layer 1
Consensus	Avalanche Consensus (PoS)
EVM-compatible	Yes
Website	avax.network

Frequently asked questions

Is Avalanche C-Chain EVM-compatible?

Yes, Avalanche C-Chain is EVM-compatible, meaning Ethereum tools and wallets work natively.

Chain attribution from on-chain and cross-chain data. All networks · Methodology