Stablecoins Expand Beyond $300B as Tron and Major Tokens Post Strong Growth
The stablecoin market crossed $300.9 billion on October 1, 2026, while Tron added $5.0 billion in supply in the third quarter. Sky Protocol kept a B- rating with a stable outlook, and its stablecoin supply reached $9.5 billion.
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Users and token holders in the stablecoin market see a sector that is now larger and spread across more chains and assets, with the total market at $300.9 billion and coverage across 195 assets on 47 networks. Tron’s third-quarter supply increase and Ethereum’s supply decline are part of that changing mix, and they show that activity is not sitting in one place.
For Sky Protocol, the practical change is that its B- rating was affirmed on Oct. 1 with a stable outlook while its stablecoin supply reached $9.5 billion. The detail that USDC and Treasury-backed money-market funds totaled $4.92 billion shows that part of the backing remained in those instruments, while the rating itself stayed in place.
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Where this sits in the USDC series
| When | What happened | Figure |
|---|---|---|
| 11 days ago | USDC a 1 $ high | today it sits -0.0 % from there |
| 1 days ago | USDC a 0.999 $ low | today it sits +0.1 % from there |
From what we have stored, starting 22 days ago.