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

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First Digital USDFDUSD

Fiat-backedPegged USD

MCap

$346.22M

30d

-1.52%

Chains

5

USD CoinUSDC

Fiat-backedPegged USD

MCap

$73.30B

30d

-2.27%

Chains

121

Comparison Matrix

Live supply metrics normalized side by side.

Metric	FDUSD	USDC	Δ
Market Cap	$346.22M	$73.30B	-99.5%
24h Supply	-0.29%	+0.17%	-0.46pp
30d Supply	-1.52%	-2.27%	+0.75pp
Chain Count	5	121	-116

Supply Over Time

FDUSD vs USDC, USD circulating.

FDUSD top chains

Chain	Supply	Share
Ethereum	$239.36M	x 69.1%
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	$46.97B	x 64.1%
Solana	$7.01B	x 9.6%
Hyperliquid L1	$6.11B	x 8.3%
Base	$4.23B	x 5.8%
Arbitrum	$2.22B	x 3.0%
Polygon	$1.81B	x 2.5%