Stablecoin Supply Falls 4.73% In 30 Days To $287.3B, DefiLlama Shows

There was a drop in the total stablecoin supply by 4.73% within 30 days. According to the stablecoin supply section on DefiLlama, the total market cap is $287.272 billion as of November 11, 2026. Meanwhile, a 1.53% drop within 7 days and 0.32% within 1 day are noted on the same webpage.

From this data, we can estimate the total market capitalization of one month back at $301.5 billion. Based on the percentage data provided, we can estimate the decrease as $14.3 billion.

DefiLlama's stablecoin dashboard for November 11, 2026, with total market cap and the 1-day, 7-day and 30-day changes. Source: DefiLlama, Stablecoins.

Stablecoin supply in three windows, one direction

All three values of the changes in the dashboard are negative. The one-day change is 0.32%, the seven-day change is 1.53%, and the 30-day change is 4.73%. From the seven-day value, the losses in the last week were about $4.5 billion.

It is about one third of the monthly loss that is incurred. The falling is not simply a point on the graph. The falling is the line throughout the whole duration of the graph.

Tether's share of stablecoin supply

The dominant position of USDT on the page is 61.18%. As stated on the page, the biggest coins include USDT for $175.75 billion, USDC for $70.137 billion, and USDS for $5.316 billion. The division of USDT by the total amount leads to the result of 61.18%.

USDT and USDC combined result in a total of $245.887 billion, which is 85.6 percent of the sum. All other stablecoins combined make up for $41.4 billion. This total will get highly affected by any movements made by the first two cryptocurrencies, as a 1 percent move in USDT will lead to a change of the total of about $1.8 billion.

Change of 0.32% on a day is equivalent to about $0.9 billion. When compared to the monthly decline, the daily and weekly decreases seem small. The reason behind this is that they are all declining.

The shares of USDC and USDS are 24.4% and 1.9%, respectively. The calculations above have been made with the help of data provided on the website. The only share that is printed on the website is USDT dominance.

What market cap says about stablecoin supply

The market cap for stablecoin supply is that portion of the circulating supply which is assigned the value of $1 per token. The lower number is a result of the fact that the token redemptions or burns were higher than minting within the period under consideration.

The graph shown in DefiLlama shows that there is an increasing trend in the stablecoin supply up to 2025 and 2026. After which the trend starts falling on the right side of the chart. There are further tabs titled “Volume” and “Inflows” in addition to the Market Cap tab.

Where to check it yourself

Open the DefiLlama website, and observe the card which is available on the left part of the webpage. It consists of the total, seven-day change, one-day change, and 30-day change. The row beneath the filters mentions the three largest tokens with their sizes.

These figures can be accessed from a website that is open to the public. The date given is "as of Nov 11, 2026." There is an ongoing updating process by DefiLlama in its dashboard and therefore at the next visit, you will see new figures.

The present report concentrates on stablecoin supply figures and does not provide direction for any coin's price.

Featured image: 1000 United States two-dollar bills in shrink wrap by Edward Betts, licensed CC BY-SA 3.0, via Wikimedia Commons.