USDTB vs USDE: Market Cap, Peg & Supply | Sharpe Terminal

Skip to content

Ethena USDtbUSDTB

Fiat-backedPegged USD

MCap

$403.25M

30d

-58.16%

Chains

2

Ethena USDeUSDE

Crypto-backedPegged USD

MCap

$4.03B

30d

-10.07%

Chains

21

Comparison Matrix

Live supply metrics normalized side by side.

Metric	USDTB	USDE	Δ
Market Cap	$403.25M	$4.03B	-90.0%
24h Supply	+0.12%	-0.30%	+0.42pp
30d Supply	-58.16%	-10.07%	-48.09pp
Chain Count	2	21	-19

Supply Over Time

USDTB vs USDE, USD circulating.

USDTB top chains

Chain	Supply	Share
Ethereum	$355.09M	x 88.1%
Solana	$48.16M	x 11.9%

USDE top chains

Chain	Supply	Share
Ethereum	$2.53B	x 62.7%
Solana	$536.99M	x 13.3%
Base	$240.75M	x 6.0%
BSC	$168.52M	x 4.2%
Robinhood Chain	$163.39M	x 4.0%
Plasma	$158.12M	x 3.9%