EVM Layer 2 (Ethereum) on Ethereum
Base
$4.7B
total stablecoin supply · source: DefiLlama · 24 March 2026
Coinbase's Ethereum L2 built on the OP Stack. Fastest-growing L2 for stablecoins, driven by USDC native issuance and Coinbase ecosystem.
Network Details
| Launched | 2023 |
| Consensus | Optimistic Rollup (OP Stack) |
| Parent chain | Ethereum |
| EVM | Yes |
| Website | base.org |
Stablecoins on Base
10 stablecoins with at least $1M supply · ranked by supply on this chain · source: DefiLlama
| # | Stablecoin | Type | Supply on Base |
|---|---|---|---|
| 1 | USDC USD Coin | Fiat | $4.3B |
| 2 | USDS Sky Dollar | Crypto | $145M |
| 3 | cgUSD Cygnus Finance Global USD | Fiat | $75M |
| 4 | satUSD River Stablecoin | Crypto | $33M |
| 5 | EUSD Electronic USD | Crypto | $13M |
| 6 | PINTO Pinto | Crypto | $11M |
| 7 | USDz Anzen USDz | Fiat | $9M |
| 8 | MSUSD Metronome Synth USD | Crypto | $9M |
| 9 | USD+ USD+ | Crypto | $7M |
| 10 | BtcUSD Bitcoin USD | Crypto | $5M |
Frequently Asked Questions
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What stablecoins are available on Base?Base hosts 10 stablecoins with at least $1M supply, totalling $4.7B as of 24 March 2026. The largest are: USDC, USDS, cgUSD, satUSD, EUSD.
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What is the total stablecoin supply on Base?The total stablecoin supply on Base is $4.7B as of 24 March 2026, according to DefiLlama.
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Is Base EVM-compatible?Yes, Base is EVM-compatible, meaning Ethereum tools and wallets work natively.
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What is Base built on?Base is a Layer 2 (Ethereum) built on Ethereum. It inherits Ethereum's security while providing lower fees and faster transactions.