Stablecoin market capitalization

July 2022–June 2025

The line chart shows the market capitalization of major stablecoins from July 2022 through June 2025.

(Please use a modern browser to see the interactive version of this visualization)

Note: Includes market caps of Binance USD, Dai, Decentralized USD, First Digital USD, Ethena's USDe, Frax, Gemini Dollar, Pax Dollar, PayPal USD, Tether, TrueUSD and USD Coin

Source: CryptoQuant