Stablecoin reserves

USDC and USDT

This table does not rank the assets. Each latest report date is that asset's own latestReportDate. Reserves are totalReservesUsd formatted as USD. This page does not convert that figure.

FieldUSDCUSDT
Latest report dateSep 30, 2026Sep 30, 2026
Reserves$73.96B$191.45B
Coverage100.1%104.4%
Tokens outstanding73.88B183.47B
CadenceMonthlyQuarterly

Not available means that asset could not be loaded. No figure is substituted.

Reserve breakdown

composition.reportDate is the report date on that asset's composition response. It is not treated as the same date as latestReportDate.

valueUsd is formatted as USD. percentage is the supplied share. This table does not add holding values or shares, and it does not compare their sum with totalReservesUsd.

Each row name is the category name from the methodology list. Reverse repurchase agreements stay in their own row. The short home-table name is not used.

CategoryUSDCUSDT
Composition report dateSep 30, 2026Sep 30, 2026
US Treasury Bills$27.12B36.7%$122.84B64.2%
Government Bills & NotesNot included$21.98M0.0%
Reverse Repurchase Agreements$36.65B49.6%$16.7B8.7%
Cash Deposits$10.18B13.8%$20.43M0.0%
GoldNot included$19.08B10.0%
Corporate BondsNot included$63.88M0.0%
Secured LoansNot included$14.18B7.4%
Bitcoin (incl. wrapped)Not included$8.37B4.4%
EquitiesNot included$4.18B2.2%
OtherNot included$6B3.1%

Not included means that category is absent from that composition response. It is not zero.

Breakdown unavailable means the composition response did not load. topHoldings is not used in its place.

Questions about coverage, report dates, attestations, and the limits of these figures are answered on the FAQ page.