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

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Falcon USDUSDF

Crypto-backedPegged USD

MCap

$1.26B

30d

-3.24%

Chains

2

USD CoinUSDC

Fiat-backedPegged USD

MCap

$73.22B

30d

-2.29%

Chains

121

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDF	USDC	Δ
Market Cap	$1.26B	$73.22B	-98.3%
24h Supply	+0.00%	-0.21%	+0.21pp
30d Supply	-3.24%	-2.29%	-0.95pp
Chain Count	2	121	-119

Supply Over Time

USDF vs USDC, USD circulating.

USDF top chains

Chain	Supply	Share
Ethereum	$1.15B	x 91.3%
BSC	$114.46M	x 9.1%

USDC top chains

Chain	Supply	Share
Ethereum	$46.98B	x 64.2%
Solana	$7.09B	x 9.7%
Hyperliquid L1	$6.09B	x 8.3%
Base	$4.20B	x 5.7%
Arbitrum	$2.19B	x 3.0%
Polygon	$1.74B	x 2.4%