Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum holds over half of $300B stablecoin supply, but Tron leads in transfer volume and gained in Q3 2026

Market News
19 Oct 2026
Crypto Briefing
View Source
Neutral
Ethereum holds over half of $300B stablecoin supply, but Tron leads in transfer volume and gained in Q3 2026

Stablecoins now total about $300.3 billion across 47 blockchains, with Ethereum holding roughly 54.1% of the supply and Tron 31.4%. In Q3 2026, Tron increased its stablecoin supply by $5 billion while Ethereum's supply dropped by $4.9 billion. Tron also processed 73% of stablecoin transfer volume, indicating higher usage per dollar compared to Ethereum. The market remains concentrated with Tether's USDT and Circle's USDC making up 85% of total supply, posing potential risks if either faces issues. Investors should watch if Tron's gains continue and whether Ethereum's share stabilizes or declines further.

Tether's USDT dominates the stablecoin market with a market cap of Rp3.307,16 trillion and a circulating supply of 183.7 billion USDT on Pluang as of Oct 20, 2026 03:03 WIB. Despite Ethereum holding 54.1% of the stablecoin supply across 47 chains, USDT's price on Pluang is Rp17.988 with a 1-day gain of 0.49%. The high market cap and volume of USDT highlight its central role in the stablecoin ecosystem amid shifts in supply shares between Ethereum and Tron.

More News (USDT)

Tether CEO reports 94% drop in Iran-related stablecoin transactions, signaling stronger compliance efforts.

Tether CEO reports 94% drop in Iran-related stablecoin transactions, signaling stronger compliance efforts.

Tether's CEO announced a 94% decline in stablecoin transaction volume linked to Iran, highlighting the company's enhanced compliance measures amid U.S. sanctions. This significant drop, if independently verified, would mark a major reduction in sanct...

Market News
Bullish
4 hours ago
Tether claims it froze Iran-linked wallets weeks before official sanctions, disputing Senate report delays.

Tether claims it froze Iran-linked wallets weeks before official sanctions, disputing Senate report delays.

Tether CEO Paolo Ardoino disputed a Senate report accusing the company of delays in freezing Iran-linked wallets, stating that since 2023, Tether has frozen flagged addresses on average four weeks before official U.S. and Israeli sanctions designatio...

Market News
Neutral
5 hours ago
Bitcoin leads crypto inflows with $31.44M; Zcash shows strong activity in both inflows and outflows.

Bitcoin leads crypto inflows with $31.44M; Zcash shows strong activity in both inflows and outflows.

Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...

Market News
Neutral
12 hours ago
Crypto sees net outflows in USDC, ETH, BTC; PEPE leads inflows amid mixed stablecoin flows

Crypto sees net outflows in USDC, ETH, BTC; PEPE leads inflows amid mixed stablecoin flows

On October 19, major cryptocurrencies USDC, ETH, and BTC experienced net outflows, with USDC seeing a net outflow of $58.44 million, ETH $55.28 million, and BTC $43.52 million. In contrast, PEPE led the net inflows at $5.67 million, alongside stablec...

Market News
Bearish
12 hours ago
Stablecoin growth slows as U.S. banks raise deposit rates, with USDC more affected than USDT, says BIS study.

Stablecoin growth slows as U.S. banks raise deposit rates, with USDC more affected than USDT, says BIS study.

A Bank for International Settlements working paper finds that stablecoin market growth in the U.S. slowed when banks increased the interest rates they pay on deposits. The study, covering data from 2019 to mid-2025, shows that a rise in bank deposit ...

Market News
Bearish
14 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App