$ETH , $TRX , $SOL Control 94% of Stablecoin Market


According to Token Terminal data, 94.6% of all natively minted #stablecoins are issued on just three blockchains: Ethereum (57.4%), Tron (31.9%), and Solana (5.3%).


Ethereum and Tron remain dominant in the stablecoin market as of May 2025.

$SOL stands out as the only major chain to significantly increase its market share over the past year, growing from 2.0% to 5.3%.


This concentration reflects the deep liquidity, robust ecosystems, and technical #scalability of these networks.


These platforms remain preferred by stablecoin issuers as global demand and regulatory clarity continue to develop.

image
May 11, 2025 at 11:38 PM
14