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

Skip to content

TetherUSDT

Fiat-backedPegged USD

MCap

$186.44B

30d

-1.73%

Chains

102

USD CoinUSDC

Fiat-backedPegged USD

MCap

$74.88B

30d

-2.58%

Chains

125

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDT	USDC	Δ
Market Cap	$186.44B	$74.88B	+149.0%
24h Supply	-0.17%	-0.04%	-0.13pp
30d Supply	-1.73%	-2.58%	+0.85pp
Chain Count	102	125	-23

Supply Over Time

USDT vs USDC, USD circulating.

USDT top chains

Chain	Supply	Share
Tron	$87.88B	x 47.1%
Ethereum	$80.13B	x 43.0%
BSC	$9.18B	x 4.9%
Solana	$2.66B	x 1.4%
Arbitrum	$997.50M	x 0.5%
Aptos	$977.33M	x 0.5%

USDC top chains

Chain	Supply	Share
Ethereum	$47.86B	x 63.9%
Solana	$7.53B	x 10.1%
Hyperliquid L1	$6.05B	x 8.1%
Base	$4.25B	x 5.7%
Arbitrum	$2.47B	x 3.3%
Polygon	$1.84B	x 2.5%