X @Token Terminal 📊
Token Terminal 📊·2025-08-23 17:22
Stablecoin Market Overview - Stablecoin supply has doubled since January 2024, increasing from approximately $130 billion to $270 billion [1] - Ethereum and Tron host about 90% of the total stablecoin supply [1] - Solana is the third chain hosting over $10 billion in stablecoins [1] Market Share and Issuers - The top 4 issuers hold approximately 96% of the stablecoin market share [1] - Tether is a private company, Circle is a publicly listed company, and Ethena & Sky are DAOs [1] Currency Tokenization - USD is the most widely tokenized currency [1] - No EUR stablecoin is among the top 20 stablecoins by supply [1]