Rank | Stablecoin | Market Cap | Daily volume | Circulating supply |
|---|---|---|---|---|
1 | Tether (USDT) | $184,174,300,321 | $76,318,442,201 | 184.22B USDT |
2 | USDC (USDC) | $77,268,563,904 | $11,764,526,036 | 77.28B USDC |
3 | Ethena USDe (USDe) | $5,879,306,958 | $242,757,841 | 5.88B USDe |
4 | Dai (DAI) | $5,364,091,070 | $320,931,166 | 5.36B DAI |
5 | World Liberty Financial USD (USD1) | $4,384,437,551 | $1,057,244,455 | 4.38B USD1 |
6 | PayPal USD (PYUSD) | $3,965,551,159 | $165,455,575 | 3.96B PYUSD |
7 | Global Dollar (USDG) | $1,842,276,876 | $49,831,613 | 1.84B USDG |
8 | Falcon USD (USDf) | $1,630,929,638 | $1,088,506 | 1.63B USDf |
9 | USDD (USDD) | $1,543,011,259 | $5,743,207 | 1.54B USDD |
10 | Ripple USD (RLUSD) | $1,387,394,640 | $361,164,473 | 1.38B RLUSD |
Which Stablecoins Are the Largest and Most Popular in 2026?
From Tether to USDC and DAI, these are the top stablecoins of 2025 ranked by market cap, trading volume, and adoption across crypto and traditional finance.
Key Points
- Tether remains pivotal in crypto with $76B daily volume, showing immense trade activity.
- USDC integrates with traditional finance, offering usability across major payment networks.
- Choosing a stablecoin affects transaction costs and investment opportunities in crypto.





