stablecoin supply tracker
Track stablecoin circulating supply, market drift, peg type, mechanism, and cash-layer stress across major stablecoins.
What this page answers
Bathymark's stablecoin supply tracker ranks major stablecoins by circulating supply and pairs that size with live peg price and peg mechanism. It helps readers understand crypto's cash layer, not just token prices.
Stablecoin circulation is one read on how much crypto-native cash is available to settle, rotate, or leave risk. It does not say where that cash will go next, but it shows the size of the cash layer.
A large supply number is only as strong as the promise behind it. Bathymark pairs supply with peg type, mechanism, and live price so size is never separated from stress.
These pages carry the live readings and source trails behind this hub.
It is the amount of a stablecoin currently issued and circulating, usually read in dollar terms for USD-pegged coins.
Stablecoin supply is the size of crypto's cash layer. It can show settlement capacity, risk appetite, and cash waiting for deployment, but it does not predict direction alone.