This chart shows the aggregate supply held on exchange reserves 🔴 of the largest stablecoins USDT 🟢, USDC 🔵, BUSD 🟡, DAI 🟣, and TUSD 🔘.

Note that the supplies of these stablecoins include only those issued on the Ethereum blockchain, and held on exchanges we monitor.

Transparency Notice regarding Exchange Metrics

Disclaimer: Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies.

Please read our Transparency Notice when using exchange data