Ethereum's stablecoin share sinks to record-low 46%
Ethereum's slice of stablecoin supply has dropped to a record-low 46%, with $32.5 billion draining from its chains in a year. Tron grabbed the slack, adding $16.2 billion and climbing to 32% of supply, while new networks like Monad and Robinhood Chain piled on $5.2 billion combined.
- Original source: tokenpost.com.
- The source published it on Nov 11, 2026 at 9:25 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Ethereum just lost its majority grip on stablecoins. Its share of stablecoin supply across blockchain networks slid to 46% — a record low — according to tokenpost. On-chain supply shrank by $32.5 billion over the past year.
Tron is the clearest beneficiary. It added $16.2 billion in stablecoin supply and now sits at 32% of the market. Hyperliquid and Solana each grew by $1.6 billion.
A crop of newer networks is also eating in. Arc, X Layer, Robinhood Chain, Tempo and Monad, all launched this year, collectively added $5.2 billion in stablecoin supply.
The pie itself got smaller. Total stablecoin supply across the market dipped by about $10 billion over the same period. On a separate measure, Ethereum's stablecoin market capitalization declined 2.07% over the 30 days ending Oct. 27.
TopicsEthereum · Tron · Solana · Hyperliquid · Arc · X Layer · Robinhood Chain · Monad
Source: tokenpost.com
Written by Paparazzi with AI. Not financial advice.
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