As of September 23, 2024, data from CoinGecko, reported by Odaily, shows that Ethereum holds the largest share of stablecoins, valued at $84.6 billion, which makes up 49.1% of the market. Tron comes in second with $59.8 billion in stablecoins, representing 34.8% of the market. BNBChain follows with a market value of $5 billion, accounting for 2.9% of the market. Together, Ethereum and Tron dominate the stablecoin market, comprising 83.9% of the total stablecoin value, which amounts to $144.4 billion.

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