FDUSD vs USDC: Market Cap, Peg & Supply | Sharpe Terminal

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First Digital USDFDUSD

Fiat-backedPegged USD

MCap

$346.14M

30d

-0.85%

Chains

5

USD CoinUSDC

Fiat-backedPegged USD

MCap

$73.63B

30d

-0.28%

Chains

120

Comparison Matrix

Live supply metrics normalized side by side.

Metric	FDUSD	USDC	Δ
Market Cap	$346.14M	$73.63B	-99.5%
24h Supply	+0.00%	-0.59%	+0.59pp
30d Supply	-0.85%	-0.28%	-0.57pp
Chain Count	5	120	-115

Supply Over Time

FDUSD vs USDC, USD circulating.

FDUSD top chains

Chain	Supply	Share
Ethereum	$239.36M	x 69.2%
BSC	$55.64M	x 16.1%
Sui	$43.58M	x 12.6%
Solana	$8.53M	x 2.5%
Arbitrum	$44.74K	x 0.0%

USDC top chains

Chain	Supply	Share
Ethereum	$46.87B	x 63.6%
Solana	$7.75B	x 10.5%
Hyperliquid L1	$6.11B	x 8.3%
Base	$4.14B	x 5.6%
Arbitrum	$2.17B	x 2.9%
Polygon	$1.68B	x 2.3%