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EVM Layer 2 (Ethereum) on Ethereum

Base

$4.6B
total stablecoin supply · source: DefiLlama · 5 June 2026

Coinbase's Ethereum L2 built on the OP Stack. Fastest-growing L2 for stablecoins, driven by USDC native issuance and Coinbase ecosystem.

Network Details

Launched2023
ConsensusOptimistic Rollup (OP Stack)
Parent chainEthereum
EVMYes
Website base.org

Stablecoins on Base

11 stablecoins with at least $1M supply · ranked by supply on this chain · source: DefiLlama

# Stablecoin Type Supply on Base
1 USDC USD Coin Fiat $4.2B
2 USDS Sky Dollar Crypto $147M
3 rwaUSDi rwaUSDi Crypto $124M
4 cgUSD Cygnus Finance Global USD Fiat $76M
5 satUSD River Stablecoin Crypto $33M
6 EUSD Electronic USD Crypto $15M
7 PINTO Pinto Crypto $11M
8 MSUSD Metronome Synth USD Crypto $7M
9 USDz Anzen USDz Fiat $7M
10 BtcUSD Bitcoin USD Crypto $4M
11 USDe Ethena USDe Crypto $1M

Frequently Asked Questions