Multichain Blockchain Statistics 2026: 37 Verified Figures

Updated October 2026. Every figure on this page was checked against its source in October 2026.

Stablecoin activity runs on many chains but sits mostly on two: Ethereum held $144.461 billion and Tron $95.047 billion of the $302.92 billion stablecoin market cap on October 16, 2026, according to DefiLlama. Solana's total payment volume grew 755.3% year over year as of February 2026, faster than the fintech and blockchain peers Messari compared, and bridges tracked by DefiLlama moved $28.054 billion between chains in the 30 completed days before October 16, 2026.

Key statistics

• The stablecoin market cap across all chains was $302.92 billion on October 16, 2026, according to DefiLlama.
• Ethereum held 47.69% of all stablecoins ($144.461 billion) on October 16, 2026, according to DefiLlama.
• Ethereum and Tron settled $772 billion, or 64%, of adjusted stablecoin volume in September 2025, according to a16z crypto.
• Stablecoins recorded $6.68 trillion in transfer volume in the 30 days to October 16, 2026, according to RWA.xyz.
• Ethereum hosted $16.8 billion of the $39.19 billion in tokenized real-world assets on October 16, 2026, according to RWA.xyz.
• Base secured $15.64 billion on October 16, 2026, the most of any Ethereum layer 2, according to L2BEAT.
• Solana's total payment volume grew 755.3% year over year as of February 11, 2026, according to Messari.
• Tron settled $2.21 trillion in stablecoins in Q3 2026, according to TRON DAO Research.
• Bridges moved $28.054 billion in the 30 completed days before October 16, 2026, according to DefiLlama.
• Circle's CCTP had moved more than $126 billion across chains as of December 23, 2025, according to Circle.

Stablecoin supply and settlement by chain

1. Stablecoins across all chains total $302.92 billion

The stablecoin market cap tracked across all chains was $302.92 billion on October 16, 2026, according to DefiLlama. That is the pool of onchain dollars a business can settle in, split across dozens of networks.

2. Ethereum holds $144.461 billion, or 47.69% of all stablecoins

Ethereum carried $144.461 billion in stablecoins on October 16, 2026, which DefiLlama reports as an Ethereum dominance of 47.69%. USDT made up 50.62% of that balance.

3. Tron holds $95.047 billion in stablecoins, 97.76% of it USDT

Tron was the second-largest stablecoin chain with $95.047 billion on October 16, 2026, and USDT accounted for 97.76% of it, according to DefiLlama. A business that accepts USDT should expect much of it to arrive on Tron.

4. Ethereum and Tron together hold more than 79% of stablecoin supply

Ethereum ($144.461 billion) and Tron ($95.047 billion) together held $239.508 billion of the $302.92 billion total on October 16, 2026, more than 79%, by Hinkal's calculation from DefiLlama chain data. Every other chain combined holds less than 21%.

5. Stablecoins moved $6.68 trillion in the past 30 days

Stablecoin transfer volume reached $6.68 trillion over the 30 days to October 16, 2026, across 59.65 million monthly active addresses, according to RWA.xyz. This is gross transfer volume; the adjusted series in figure 7 filters out bot activity.

6. 298.12 million addresses hold stablecoins

RWA.xyz counted 298.12 million stablecoin holders across chains on October 16, 2026, up 3.04% from 30 days earlier. These are wallet addresses, not unique users.

7. Stablecoins settled $9 trillion in adjusted volume over 12 months

Stablecoins did $9 trillion in adjusted transaction volume over the 12 months covered by a16z crypto's State of Crypto 2025 report, published October 22, 2025, up 87% from a year earlier. Unadjusted volume was $46 trillion; the adjusted measure filters out bots and other artificially inflated activity.

8. Ethereum and Tron settled 64% of adjusted stablecoin volume

$772 billion in adjusted stablecoin transactions settled on Ethereum and Tron in September 2025, 64% of all transaction volume that month, according to a16z crypto. A settlement setup that covers only one of the two misses most of the market.

How enterprises use Ethereum and its layer 2s

Ethereum hosts more tokenized assets than any other chain, and most activity on its layer 2 networks is concentrated in Base, Arbitrum and Optimism. For treasuries weighing a move to a privacy chain against staying where the liquidity is, see the migration tax.

9. Ethereum moved $1.54 trillion in stablecoins in 30 days

Stablecoin transfer volume on Ethereum was $1.54 trillion over the 30 days to October 16, 2026, across 26.87 million stablecoin holders, according to RWA.xyz.

10. Ethereum hosts $16.8 billion of tokenized real-world assets, the most of any chain

Ethereum held $16.8 billion of the $39.19 billion in distributed tokenized real-world assets on October 16, 2026, ahead of BNB Chain at $6.1 billion and Solana at $4.4 billion, according to RWA.xyz. RWA.xyz reports stablecoins separately from these totals.

11. Tokenized U.S. Treasury funds hold $14.68 billion across 117 products

Tokenized U.S. Treasury funds had a distributed value of $14.68 billion across 117 assets and 86,753 holders on October 16, 2026, according to RWA.xyz. These are the onchain cash-management products a treasury team can hold next to its stablecoins.

12. More than 50 non-crypto companies have built on Ethereum or its layer 2s

Galaxy Research counted more than 50 non-crypto companies that have built products and services on Ethereum or Ethereum layer 2s, in a report published February 13, 2025. They range from fashion brands to asset managers such as BlackRock and payment companies such as PayPal.

13. Base secures $15.64 billion, the most of any Ethereum layer 2

Base had $15.64 billion in total value secured on October 16, 2026, followed by Arbitrum One at $10.58 billion, according to L2BEAT.

14. Base, Arbitrum and Optimism processed nearly 90% of layer 2 transactions

By late 2025, Base, Arbitrum and Optimism processed nearly 90% of all layer 2 transactions, with Base alone above 60%, according to 21Shares' State of Crypto 2026 outlook (December 2025). Activity on Ethereum's scaling networks sits in a few chains.

15. Base holds $5.267 billion in stablecoins, 83.54% of it USDC

Base carried $5.267 billion in stablecoins on October 16, 2026, with USDC at 83.54%, and Arbitrum carried $3.561 billion, according to DefiLlama.

Solana payments and stablecoin activity

Card networks, acquirers and payment companies, including Visa and Worldpay, have run stablecoin settlement on Solana. For teams settling there, see private settlement infrastructure for Solana businesses.

16. Solana holds $15.947 billion in stablecoins

Solana held $15.947 billion in stablecoins on October 16, 2026, the third-largest balance of any chain, with USDC at 43.26%, according to DefiLlama.

17. Solana moved $444.92 billion in stablecoins in 30 days

Stablecoin transfer volume on Solana was $444.92 billion over the 30 days to October 16, 2026, across 13.23 million stablecoin holders, according to RWA.xyz.

18. Solana processed $650 billion in stablecoin transactions in February 2026

Solana processed $650 billion in stablecoin transactions in February 2026, more than double its previous monthly record and the most of any blockchain that month, according to the Solana Foundation's February 2026 report.

19. Solana's total payment volume grew 755.3% year over year

Solana's total payment volume grew 755.3% year over year as of February 11, 2026, nearly triple the median growth rate of 268.24% among the fintech companies and blockchains compared in Messari's State of Solana: Payments (March 5, 2026).

20. Solana carried 46% of peer-to-peer stablecoin transactions

Solana facilitated 2.61 billion stablecoin transfers in the year to February 2026, 46% of all peer-to-peer stablecoin transactions among the chains Messari compared. For a payments business, that is where peer-to-peer stablecoin users already are.

21. Solana had 6.2 million USDC-sending addresses in mid-September 2026

Solana recorded 6.2 million USDC-sending addresses around mid-September 2026, which the Solana Foundation says was 42% of sending addresses across networks, in its September 2026 ecosystem roundup.

22. Visa's USDC settlement pilot passed $3.5 billion in annualized volume

Visa's original USDC settlement pilot surpassed $3.5 billion in annualized volume by November 30, 2025, according to Messari, which lists Visa among the payment companies that integrated Solana in 2025 to settle or accept stablecoin payments.

23. Worldpay cut processing times 50% by settling in USDG on Solana

Worldpay achieved a 50% reduction in processing times compared with traditional fiat rails by settling merchant transactions in USDG on Solana, and 57% of USDG is issued on Solana, according to Messari.

24. A Solana transaction costs a median $0.0004

Solana has historically maintained a median transaction fee of $0.0004 and a median block time of 392 milliseconds, according to Messari (March 2026). Network fees at that level are a small cost next to the payment itself.

25. Solana card payments reached $262.7 million in Q3 2026 to date

Card payments on Solana reached $262.7 million in the third quarter of 2026 to date, about 18% above the previous quarter's full total, according to the Solana Foundation.

Tron, BNB Chain, Base, Polygon and newer payment chains

Outside Ethereum and Solana, Tron is the main USDT chain, while BNB Chain, Base and Polygon each hold billions in stablecoins and newer payment chains such as Robinhood Chain, Tempo and Arc have started to build balances. For a worked example on Tron, see how to execute confidential B2B settlements on Tron.

26. Tron settled $2.21 trillion in stablecoins in Q3 2026

Tron settled $2.21 trillion in stablecoins in the third quarter of 2026, up 5.1% from $2.106 trillion in Q2, an average of $24.05 billion a day, according to TRON DAO Research (October 6, 2026).

27. USDT and USDD supply on Tron reached $93.88 billion

Combined USDT and USDD supply on Tron reached $93.88 billion at the end of Q3 2026, up 14.9% from $81.70 billion a year earlier, according to TRON DAO Research. Average rolling monthly active addresses rose 9.8% to 18 million.

28. Tron has 93.80 million stablecoin holders

Tron had 93.80 million stablecoin holders and $643.33 billion in 30-day stablecoin transfer volume on October 16, 2026, according to RWA.xyz. That is more than three times Ethereum's 26.87 million holders on the same date.

29. BNB Chain holds $13.1 billion in stablecoins

BNB Chain, listed by DefiLlama as BSC, carried $13.1 billion in stablecoins on October 16, 2026, with USDT at 70.06%, the fourth-largest balance of any chain.

30. Base moved $3.16 trillion in stablecoins in 30 days on a $4.70 billion float

Stablecoin transfer volume on Base was $3.16 trillion over the 30 days to October 16, 2026, against a stablecoin market cap of $4.70 billion, according to RWA.xyz. Volume this many times larger than supply means the same dollars move again and again, so gross transfer volume is a weak proxy for payments.

31. Polygon recorded 1.16 billion peer-to-peer stablecoin transfers in a year

Polygon recorded 1.16 billion peer-to-peer stablecoin transfers in the year to February 2026, second only to Solana among the chains Messari compared.

32. Polygon has 20.88 million stablecoin holders

Polygon had 20.88 million stablecoin holders and $70.42 billion in 30-day stablecoin transfer volume on October 16, 2026, on a stablecoin market cap of $2.83 billion, according to RWA.xyz.

33. Robinhood Chain holds $1.054 billion in stablecoins, ahead of Tempo and Arc

Among newer chains, Robinhood Chain carried $1.054 billion in stablecoins on October 16, 2026, Tempo $710.26 million and Arc $621.94 million, according to DefiLlama. The largest stablecoin was USDG on Robinhood Chain (65.89%), OUSD on Tempo (74.42%) and USDC on Arc (98.81%).

Bridges and cross-chain flows

Money that sits on several chains has to move between them. For how Hinkal handles this, see both-way bridging across EVM chains, Solana and Tron.

34. Bridges moved $28.054 billion in 30 days

Bridges tracked by DefiLlama moved $28.054 billion over the 30 completed days before October 16, 2026, including $9.675 billion in the last seven completed days.

35. Relay moved $7.244 billion and Across $6.983 billion in 30 days

Relay was the largest bridge by 30-day volume at $7.244 billion, followed by Across at $6.983 billion and IBC at $5.353 billion, and the USDT0 bridge moved $2.987 billion, according to DefiLlama data for the 30 completed days before October 16, 2026.

36. Circle's CCTP has moved more than $126 billion across chains

Circle's Cross-Chain Transfer Protocol had processed more than $126 billion in cumulative volume and more than 6 million crosschain transfers across 17 supported blockchains as of December 23, 2025, according to Circle's 2025 Year in Review. USDC had native support on 30 blockchains at the same date.

37. Hacks on bridges have cost $3.69 billion

Bridge hacks account for $3.69 billion of the $21.068 billion in total value hacked that DefiLlama has recorded, as of October 16, 2026. Each hop between chains adds a contract that has to hold.

What this means for businesses moving stablecoins

The figures describe a split market. Dollar liquidity sits mostly on Ethereum and Tron, Solana's payment volume is growing faster than its peers', tokenized assets cluster on Ethereum and its layer 2s, and money moves between them through bridges. A PSP, wallet or platform that serves customers on several of these chains publishes its balances, counterparties and payment amounts on each one, where customers, vendors and other businesses they deal with can read them.

The Hinkal API and SDK add private balances to the stack a platform already runs. Hinkal is a smart contract on the public chains a business already uses, so there is no liquidity migration. The API's server runs inside a secure enclave, every request is authorized by the user's own wallet signature, and it supports EVM chains, Solana and Tron. Its Private Send Bridge pays recipients in another token or on another chain, routed through LI.FI from EVM chains and through NEAR Intents from Solana and Tron, and the onchain link between sender and recipients is not visible. Teams paying from their own wallet can use Hinkal Pay on Ethereum, Polygon, Solana, Base, Tron, Arbitrum, Tempo, BNB Chain, Robinhood Chain and Arc. Every deposit is screened with Chainalysis KYT at entry and re-screened continuously, and viewing keys and downloadable transaction history are available for audit and reporting when required. For the operating detail, see how to execute confidential settlements across multiple chains and deposit address screening at the point of entry.

Methodology

Figures were chosen for businesses that move money in stablecoins. Each one was checked against its original source on October 16, 2026, using the newest edition available.

Live dashboards (DefiLlama, RWA.xyz and L2BEAT) were read on October 16, 2026, and their values change daily. DefiLlama's headline stablecoin market cap, which counts every peg, was $306.97 billion the same day; its per-chain totals add up to a slightly lower figure, and that per-chain total is the base for the chain shares on this page. Trackers count stablecoins differently, so supply figures come from DefiLlama, transfer volume and holder counts come from RWA.xyz, and no single figure mixes the two. Gross transfer volume counts every transfer; the adjusted figures from a16z crypto filter out bot activity. Figure 4 is Hinkal's calculation from DefiLlama's chain totals. Each figure names its publisher and links to the source in the line where it appears.

Frequently asked questions

Which blockchain holds the most stablecoins?

Ethereum. It held $144.461 billion in stablecoins on October 16, 2026, a 47.69% share, followed by Tron at $95.047 billion, according to DefiLlama.

How much stablecoin volume runs on Tron?

Tron settled $2.21 trillion in stablecoins in Q3 2026, an average of $24.05 billion a day, according to TRON DAO Research. USDT made up 97.76% of the stablecoins on Tron on October 16, 2026, per DefiLlama.

Is Solana used for real payments?

Yes. Visa, Stripe and Worldpay integrated Solana in 2025 to settle or accept stablecoin payments, and Worldpay cut processing times by 50% by settling in USDG on Solana, according to Messari.

Why do enterprises build on Ethereum?

More tokenized assets sit there than on any other chain. Ethereum hosted $16.8 billion of the $39.19 billion in distributed tokenized real-world assets on October 16, 2026, according to RWA.xyz, and Galaxy Research counted more than 50 non-crypto companies building on Ethereum or its layer 2s in February 2025.

How much money moves between chains?

Bridges tracked by DefiLlama moved $28.054 billion in the 30 completed days before October 16, 2026. Circle's CCTP alone had processed more than $126 billion in cumulative volume by December 23, 2025, according to Circle.

Related reading

• 25 Stablecoin Payment Statistics 2026
• Best Privacy Protocols for Cross-Chain Confidential Transfers
• How to Make Stablecoin Payments Without On-Chain Exposure

Learn more about Hinkal Pay.