EVM Layer 2 (Ethereum) on Ethereum
Ink
$524M
total stablecoin supply · source: DefiLlama · 24 March 2026
Kraken's Ethereum L2 built on the OP Stack. Large USDT supply driven by Kraken exchange liquidity and the broader Kraken ecosystem.
Network Details
| Launched | 2024 |
| Consensus | Optimistic Rollup (OP Stack) |
| Parent chain | Ethereum |
| EVM | Yes |
| Website | inkonchain.com |
Stablecoins on Ink
3 stablecoins with at least $1M supply · ranked by supply on this chain · source: DefiLlama
| # | Stablecoin | Type | Supply on Ink |
|---|---|---|---|
| 1 | USDT Tether | Fiat | $233M |
| 2 | USDC USD Coin | Fiat | $187M |
| 3 | USDG Global Dollar | Fiat | $104M |
Frequently Asked Questions
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What stablecoins are available on Ink?Ink hosts 3 stablecoins with at least $1M supply, totalling $524M as of 24 March 2026. The largest are: USDT, USDC, USDG.
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What is the total stablecoin supply on Ink?The total stablecoin supply on Ink is $524M as of 24 March 2026, according to DefiLlama.
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Is Ink EVM-compatible?Yes, Ink is EVM-compatible, meaning Ethereum tools and wallets work natively.
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What is Ink built on?Ink is a Layer 2 (Ethereum) built on Ethereum. It inherits Ethereum's security while providing lower fees and faster transactions.