USDE vs USDT: Supply, Peg & Chains | Sharpe Terminal

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Ethena USDeUSDE

Crypto-backedPegged USD

Supply

$4.87B

30d

+18.53%

Chains

21

TetherUSDT

Fiat-backedPegged USD

Supply

$183.29B

30d

+0.10%

Chains

92

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDE	USDT	Δ
Supply at Peg	$4.87B	$183.29B	-97.3%
24h Supply	+0.52%	+0.00%	+0.52pp
30d Supply	+18.53%	+0.10%	+18.43pp
Chain Count	21	92	-71

Supply Over Time

USDE vs USDT, USD circulating.

USDE top chains

Chain	Supply	Share
Ethereum	$2.71B	x 55.7%
Solana	$505.82M	x 10.4%
Plasma	$505.04M	x 10.4%
Base	$367.81M	x 7.5%
Robinhood Chain	$350.08M	x 7.2%
TON	$178.87M	x 3.7%

USDT top chains

Chain	Supply	Share
Tron	$92.52B	x 50.5%
Ethereum	$73.70B	x 40.2%
BSC	$9.18B	x 5.0%
Solana	$2.12B	x 1.1%
Arbitrum	$827.36M	x 0.5%
Plasma	$749.92M	x 0.4%