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Ethereum leads stablecoin supply growth with $243M added in a week across Ethereum, Arbitrum, and Base.

Market News
09 Oct 2026
Crypto Briefing
View Source
Neutral
Ethereum leads stablecoin supply growth with $243M added in a week across Ethereum, Arbitrum, and Base.

Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, making it the largest network for dollar-pegged tokens. Layer-2 networks Arbitrum and Base also saw growth, rising 2.08% and 0.86% respectively. The dominant stablecoins are USDT and USDC, with USDT alone controlling around half of Ethereum's stablecoin supply. This growth fits within the stablecoin market cap range of $300-$306 billion, indicating consolidation rather than a surge. Investors should watch Ethereum's share, Layer-2 growth, and potential shifts in the total market cap going forward.

Tether USDT holds a market cap of Rp3.297,86 trillion on Pluang, with a price of Rp17.857 and a slight 0.15% decline in the last day as of Oct 10, 2026 01:51 WIB. This stablecoin remains dominant on Ethereum, which recently added $243 million to its stablecoin supply, reinforcing its position as the largest network for dollar-pegged tokens. The article highlights Ethereum's growing share in the stablecoin market, while on Pluang, USDT shows steady trading activity with 56% sell orders and a typical hold time of 90 days, reflecting ongoing investor engagement.

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