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

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Pax DollarUSDP

Fiat-backedPegged USD

MCap

$31.93M

30d

-21.24%

Chains

3

USD CoinUSDC

Fiat-backedPegged USD

MCap

$75.91B

30d

-1.84%

Chains

125

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDP	USDC	Δ
Market Cap	$31.93M	$75.91B	-100.0%
24h Supply	+0.00%	-0.47%	+0.47pp
30d Supply	-21.24%	-1.84%	-19.40pp
Chain Count	3	125	-122

Supply Over Time

USDP vs USDC, USD circulating.

USDP top chains

Chain	Supply	Share
Ethereum	$28.22M	x 88.4%
Solana	$2.30M	x 7.2%
BSC	$1.43M	x 4.5%

USDC top chains

Chain	Supply	Share
Ethereum	$49.19B	x 64.8%
Solana	$7.34B	x 9.7%
Hyperliquid L1	$6.28B	x 8.3%
Base	$4.18B	x 5.5%
Arbitrum	$2.37B	x 3.1%
Polygon	$2.05B	x 2.7%