Average stablecoin supply, all stablecoins

Average supply in circulation across all stablecoins, Dec 2018 – early 2026. Supply grew from approximately $3B to $265B.
Stablecoin supply rose from approximately $3 billion in December 2018 to a peak of around $265 billion by late 2025, with a brief plateau around $120–130 billion between late 2021 and mid-2023 before resuming strong growth.
Source: Allium · Stablecoin Supply
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Date Supply (USD billions)