What It Measures
The total circulating supply of major USD-pegged stablecoins (USDT, USDC, DAI, and others) across all chains — a proxy for how much "dry powder" is sitting inside the crypto ecosystem, ready to move.
Live indicator · refreshed automatically
Stablecoin Liquidity
$310.9BContracting
Last updated OCT. 11, 2026 · 6:52 AM UTC
How It's Calculated
Total stablecoin market cap today vs. 7 days ago. A positive 7-day change reads Expanding, negative reads Contracting.
Why It Matters
Price charts don't show whether new capital is entering or leaving the ecosystem. Expanding stablecoin supply means more capital is parked and available to buy; contracting supply means capital is leaving the space entirely, not just rotating between coins.
Data Source & Update Frequency
DefiLlama's free stablecoins API (stablecoins.llama.fi). Refreshed automatically every 15 minutes.
Recent readings
OCT. 11, 2026 1:31 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 1:57 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 2:18 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 2:46 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 3:16 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 3:48 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 4:16 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 4:47 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 5:15 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 5:46 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 6:20 AM UTC$310.9B (-0.2%)
OCT. 11, 2026 6:52 AM UTC$310.9B (-0.2%)
Refreshed automatically every 15 minutes: nothing here is backfilled or estimated.