Structure

Currencies

On 27 May 2026, USD accounted for 99.7% of tracked on-chain fiat.

This dated fallback shows the fiat mix recorded on 27 May 2026. ODS measures USD stablecoin supply against U.S. M2; other currencies are shown here for context and excluded from the benchmark.

Fallback snapshot dated 27 May 2026. Refresh unavailable.

Currency breakdown

This board shows the fiat currencies represented in the wider stablecoin market, including the small non-USD share outside ODS.

Dated fallback Snapshot: 27 May 2026 Supply breakdown
USD share 99.7%
Non-USD share 0.30%
Tracked currencies 20 currencies
Freshness 27 May 2026

Source basis: DeFiLlama stablecoin supply and pegged-asset currency classifications.

ODS includes USD-pegged supply only. Currency classifications can change, and this board measures neither transaction volume nor adoption.

Board

All tracked fiat currencies in the fallback snapshot dated 27 May 2026, ranked by supply.

Currencies

Share of tracked on-chain fiat on 27 May 2026.

USD accounted for 99.7% of tracked on-chain fiat in this dated snapshot, and every fiat rail in that snapshot is listed below.

Share on 27 May 2026 20 currencies shown
#1 US DOLLAR (USD) $321.0B 99.7%
#2 EURO (EUR) $750.6M 0.23%
#3 BRAZILIAN REAL (BRL) $86.2M 0.027%
#4 SWISS FRANC (CHF) $55.4M 0.017%

Fallback snapshot dated 27 May 2026. All tracked currencies shown above are sorted by their share on that date.

Interpretation

What the currency mix means for ODS.

Non-USD supply remains small.

USD-denominated stablecoins account for 99.7% of tracked on-chain fiat. All other tracked currencies share the remainder.

USD dominant EUR early BRL visible CHF niche

Currency mix is a separate question.

ODS compares USD stablecoin supply with U.S. M2. This board shows how tracked on-chain fiat is split across currencies.

With 99.7% of tracked supply denominated in USD, U.S. M2 is the relevant denominator. ODS does not count stablecoins as part of M2.

Read the daily briefing.