Which Stablecoins Gained or Lost Supply This Week?
Reviewed tracked USD stablecoin balances across included chains.
Quick answer
From July 5, 2026 to July 12, 2026, USDT recorded the largest increase in tracked balances (+$1.0B), while USDe recorded the largest decline (-$467.7M). Across 145 comparable assets, total tracked stablecoin balances changed by +$656.0M.
What you should know about this chart
- Seven-day difference in tracked balances for canonical asset labels present at both endpoints.
Measured here
- Rank the largest increases and declines among comparable stablecoin asset labels by seven-day change in tracked balances.
- Compare absolute USD change, percentage change, and share-point change across the same reviewed endpoints.
- Place asset-level changes inside the total tracked-balance change for the same window.
Not answered here
- A seven-day balance difference is not gross issuance, minting, redemption, bridge flow, or fresh fiat inflow.
- The ranking does not prove demand, adoption, liquidity, reserve quality, peg safety, or why balances changed.
- Assets without comparable rows at both endpoints are excluded rather than ranked as new gainers or exited losers.
- Tracked balances cover included Dune chains and assets; they are not issuer-reported circulating supply or an exhaustive global supply measure.
Methodology
How this metric is calculated and what the current denominator includes.
How this metric is calculated
This chart compares each canonical asset label's tracked USD balance at two reviewed same-weekday endpoints seven days apart. Only assets present at both endpoints are ranked, and the unshown residual is reported separately.
Refresh cadence: weekly. Reviewed evidence is within the current refresh policy.
Frequently asked questions
Which stablecoin gained the most supply this week?
USDT had the largest increase in tracked balances between July 5, 2026 and July 12, 2026, at +$1.0B.
Which stablecoin lost the most supply this week?
USDe had the largest decline in tracked balances over the same window, at -$467.7M.
Does supply change equal minting or fresh fiat inflow?
No. This metric compares two tracked balance stocks. It does not isolate mints, redemptions, bridge movements, reserve changes, or fiat flows.