Data: Approximately 65% of the non-USD stablecoin supply is held in Ethereum.

ZkProver · 2026-04-02T16:01:58+00:00

Ethereum currently still holds about 65% of the non-USD stablecoin supply, down from the beginning of the year. Despite the rise of other chains, Ethereum remains the primary choice for stablecoin issuance, with the number of independent senders expected to reach 12,000 by 2026, representing significant growth.

ZkProver

2026-04-02 16:01:58

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ChainCatcher message, according to Dune data, Ethereum currently still holds about 65% of the supply of non-USD stablecoins, down from about 90% at the beginning of 2023. Although other chains are catching up, Ethereum remains the default choice for stablecoin issuance.

A Dune report says that while stablecoin distribution and activity mainly take place on other chains, Ethereum ranks fifth by the number of independent senders, but its growth rate is rapid. As of February 2026, the number of independent senders grew from 2000 to 12000, representing a significant year-over-year increase.

ETH1,05%

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