Dune Stablecoin Dataset Maps $304B Supply, $10.3T Monthly Flows and Holder Concentration Across Chains

Dune's newly released stablecoin dataset, built with SteakhouseFi, shows the fully diluted supply of the top 15 stablecoins on EVM, Solana and Tron reached $304 billion as of January 2026, up 49% year over year, with USDT at $197 billion and USDC at $73 billion together accounting for 89% of the market. Ethereum, Tron, Solana and BNB Chain host $176 billion, $84 billion, $15 billion and $13 billion respectively, data show. The dataset finds 172 million addresses holding at least one of these tokens by February 2026, but the top 10 wallets hold only 23–26% of USDT, USDC and DAI supply, versus 60–99% for other stablecoins such as USDS, USDF and USD0. In January 2026, transfer volumes across EVM, Solana and TronDAO chains totaled $10.3 trillion, with Base leading at $5.9 trillion despite a $4.4 billion supply, and USDC generating $8.3 trillion compared with USDT's $1.7 trillion, while granular tagging breaks activity into DEX liquidity and swaps, flash loans and lending, CEX flows, bridges, issuer operations and yield protocols.