According to CoinGecko, as of September 23, the combined market capitalization of Ethereum and Tron-based stablecoins is an impressive $144.4 billion, representing a sizable 83.9% of the total stablecoin market. Ethereum-based stablecoins have a strong showing, capturing 49.1% of the market share with a total value of $84.6 billion. Tron-based stablecoins are not far behind, holding a 34.8% share and a market cap of $59.8 billion. BNB Chain takes third place with a market cap of $5 billion, securing a 2.9% market share in the constantly evolving world of stablecoins.