EVM
Layer 2 (Ethereum)
on Ethereum
Mantle
$547M
total stablecoin supply · source: DefiLlama · 5 June 2026
Ethereum L2 backed by Bybit and BitDAO treasury. Growing stablecoin liquidity including USDT and mETH-backed yield stablecoins.
Network Details
| Launched | 2023 |
| Consensus | Optimistic Rollup |
| Parent chain | Ethereum |
| EVM | Yes |
| Website | mantle.xyz |
Stablecoins on Mantle
5 stablecoins with at least $1M supply · ranked by supply on this chain · source: DefiLlama
| # | Stablecoin | Type | Supply on Mantle |
|---|---|---|---|
| 1 | USDT Tether | Fiat | $359M |
| 2 | USDe Ethena USDe | Crypto | $115M |
| 3 | USDC USD Coin | Fiat | $37M |
| 4 | USDY Ondo US Dollar Yield | Fiat | $29M |
| 5 | AUSD Agora Dollar | Fiat | $5M |
Frequently Asked Questions
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What stablecoins are available on Mantle?Mantle hosts 5 stablecoins with at least $1M supply, totalling $547M as of 5 June 2026. The largest are: USDT, USDe, USDC, USDY, AUSD.
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What is the total stablecoin supply on Mantle?The total stablecoin supply on Mantle is $547M as of 5 June 2026, according to DefiLlama.
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Is Mantle EVM-compatible?Yes, Mantle is EVM-compatible, meaning Ethereum tools and wallets work natively.
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What is Mantle built on?Mantle is a Layer 2 (Ethereum) built on Ethereum. It inherits Ethereum's security while providing lower fees and faster transactions.