EVM
Layer 2 (Ethereum)
on Ethereum
Base
$4.8B
total stablecoin supply · source: DefiLlama · 22 June 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
12 stablecoins with at least $1M supply · ranked by supply on this chain · source: DefiLlama
| # | Stablecoin | Type | Supply on Base |
|---|---|---|---|
| 1 | USDC USD Coin | Fiat | $4.2B |
| 2 | USDe Ethena USDe | Crypto | $161M |
| 3 | USDS Sky Dollar | Crypto | $148M |
| 4 | rwaUSDi rwaUSDi | Crypto | $124M |
| 5 | cgUSD Cygnus Finance Global USD | Fiat | $76M |
| 6 | satUSD River Stablecoin | Crypto | $33M |
| 7 | EUSD Electronic USD | Crypto | $15M |
| 8 | PINTO Pinto | Crypto | $11M |
| 9 | MSUSD Metronome Synth USD | Crypto | $8M |
| 10 | USDz Anzen USDz | Fiat | $7M |
| 11 | BtcUSD Bitcoin USD | Crypto | $4M |
| 12 | YU YU | Crypto | $1M |
Frequently Asked Questions
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What stablecoins are available on Base?Base hosts 12 stablecoins with at least $1M supply, totalling $4.8B as of 22 June 2026. The largest are: USDC, USDe, USDS, rwaUSDi, cgUSD.
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What is the total stablecoin supply on Base?The total stablecoin supply on Base is $4.8B as of 22 June 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.