Stablecoin Market Intelligence
Institutional-grade analytics covering 370 daily snapshots since Apr 2025. Market cap benchmarks, dominance analysis, and original economic indicators — the frameworks policymakers and enterprise treasurers use to assess stablecoin market structure.
Total Market Cap
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USDT Dominance
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USDC Dominance
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Market Growth
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Market Data
Market Cap
Total Stablecoin Market Cap
Total USD value of all stablecoins tracked, Apr 2025 – present.
Dominance
USDT vs USDC Dominance
USDT and USDC percentage share of total stablecoin market cap over time.
Indicators
Indicator
Market Concentration (HHI)
Herfindahl-Hirschman Index across all tracked stablecoins. DOJ threshold: >2,500 is highly concentrated.
3809
Highly Concentrated
Indicator
Velocity Index
Aggregate monetary velocity (V = Volume ÷ Market Cap), 7-day rolling average. MV=PQ framework.
0.197
Payment / Settlement
Indicator
Peg Stability
Rolling 30-day peg stability score per stablecoin, based on mean absolute deviation from $1.00 and depeg event count (>0.5% threshold).
97
Stable Market
Indicator
Supply Shock Index
SSI = 30d supply change ÷ (avg daily volume × 30). Above 1.0 signals issuance outpacing demand absorption.
0.000
Demand Absorbing
Indicator
Redemption Pressure
Per-coin 7D / 30D / 90D market cap flow analysis. Traffic-light table across coins ≥$500M. Net 30D aggregate flow.
+0.6B
Net Inflow · 30D
Indicator
Market Correlation
30-day Pearson correlation of daily market cap % changes between USDT and USDC. High = macro-driven. Low = issuer-specific dynamics.
0.20
Diverging · USDT ↔ USDC
Indicator
Liquidity Depth Score
L = Volume ÷ √Market Cap. Normalizes liquidity by size — isolates genuine market depth from supply scale. Critical for institutional execution decisions.
3.55
Adequate · Aggregate
Indicator
Market Beta
Rolling 90-day OLS β per coin vs total market. β > 1 = amplifies market moves. β < 1 = defensive or counter-cyclical.
1.87
Amplifier · USDC 90D β
Indicator
Granger Causality
Rolling 60-day Granger F-test: does USDT lead or lag USDC in market cap changes? F > 3.84 = significant. Reveals monetary leadership between the two largest issuers.
0.64
USDC leads USDT
Indicator
PCA — Market Factor Analysis
Jacobi eigendecomposition of the stablecoin returns covariance matrix. PC1 captures the dominant market-wide factor. PC2 reveals structural differentiation between coin types.
92.8%
PC1 · USD1 leads
Indicator
Behavioral Clustering
K-means on velocity, growth rate, volatility and beta — all size-normalised. Groups stablecoins by how they behave, not how large they are. Elbow-selected k.
4 clusters
Volatile / Emerging
Indicator
Adoption Curve
Logistic S-curve fit to each coin's market cap history. Reveals each stablecoin's position in its adoption lifecycle: Early Growth, Acceleration, Maturity, or Saturation.
USDC · 98%
3 in growth
Indicator
Cross-Chain Entropy
Shannon entropy of stablecoin supply distribution across 150+ blockchains. Tracks whether settlement is concentrating or fragmenting over time.
2.16 bits
Highly Concentrated · Ethereum 53.1%