Stablecoin Markets

Market Assets

RANKINGs

STABLECOIN ASSETS BY RESERVES

Major reserve categories: Q2 2023

Stablecoin Ecosystem Web3
TheBlock 2022

STABLECOIN ASSETS BY RANK:

Major stablecoin projects: Q2 2023. MCAP below compared to Q4 2022

  • USDT: Up $11.66 Bn from Q4 2022
  • USDC: Down $8.52 Bn from Q4 2022
  • BUSD: Down $8.26 Bn from Q4 2022

USDT

$79.6
/ Supply in $USD Bn
  • BITFINEX
  • Centralized
  • Peg: multiple
  • Partners: N/A
Learn More

USDC

$33.5
/ Supply $USD Bn
  • CIRCLE
  • Centralized
  • Peg: cash & equivalents
  • Partners: Visa, MC, PLAID
Learn More

BUSD

$7.7
/ Supply $USD Bn
  • BINANCE
  • Centralized
  • Peg: cash & equivalents
  • Partners: PAXOS
Learn More

References:

    • An extended stablecoin list can be found on Coingecko here & Messari here
    • A list of gold backed stablecoins can be found here & an excellent research report during the pandemic here

STABLECOIN SUPPLY BY TYPE

REFERENCES: