Markets
White-label stablecoin market share — $571.4M total
Token dominance
USDM
holds 40% of total supply
Top issuer
Ethena
issues 48% of tracked supply
Leading platform
Ethena
powers 48% of all supply
Total$571.4M12 tokens
1.
USDM
40.1%$228.9M
2.
CASH
20.9%$119.6M
3.
usualM
11.1%$63.5M
4.
jupUSD
7.5%$43.1M
5.
USDP
7.1%$40.6M
6.
mUSD
5.6%$32.2M
7.
USDH
3.7%$21.3M
8.
SBC
1.6%$8.9M
9.
USDSC
0.8%$4.8M
10.
USDN
0.7%$3.9M
11.
XO
0.4%$2.5M
12.
USDGLO
0.4%$2.1M