Ethereum’s stablecoin dominance declines to 65% as other chains gain ground: Dune and Visa report
Ethereum’s share of non-USD stablecoin supply has fallen from 90% in early 2023 to 65% as of February 2026, though it remains the primary issuance chain. Ethereum’s dominance in non-USD stablecoin supply has shrunk to 65% as of February 2026, down from 90% in early 2023, according to data published by Dune and Visa on…