Overview

• Total stablecoin value reached roughly $301.6 billion on Oct. 3, the sector’s first move past the $300 billion mark, according to DeFi Llama.
• Tether controls close to 60% of the market with about $176 billion, followed by USDC at roughly $74 billion and Ethena’s USDe near $15 billion, with DAI around $5 billion.
• Ethereum hosts the largest on-chain stock at about $171.2 billion, with Tron carrying roughly $76.7 billion and all other networks holding under $13 billion combined.
• Monthly transfer volume is estimated at $3.27 trillion with around 27 million active addresses transacting stablecoins, per RWA.xyz data.
• Non‑USD tokens remain small, with euro stablecoins near $644 million, while Singapore’s MAS‑approved XSGD launched on Coinbase in September.