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Pharos

Monad Stablecoins: USDT, USDC, and USDe, Supply & Risk

Stablecoin supply, Chain Health and tracked deployments on Monad.

Chain Health methodology 1.7 · Version history →

About the Monad registry cohort

Monad has 42 tracked deployments across 42 stablecoins in the checked-in Pharos registry. The mapped set includes Tether (USDT), USD Coin (USDC), and Hyperithm USDC Apex (hyperUSDCa). Each of the 42 stablecoins has one mapped contract on the network.

The Monad cohort's peg mix is US Dollar (36), Euro (2), British Pound (1), Gold (1), Japanese Yen (1), and Swiss Franc (1); its backing mix is RWA (24) and Crypto (18); and its governance mix is CeFi-Dep (25) and CeFi (17). These counts classify stablecoins rather than contracts, so an asset with multiple deployments is not double-counted.

Current supply ordering, global market share, and largest-asset concentration for Monad come from the coordinated live snapshots below. Keeping those volatile values in the live profile lets this static overview identify the exact registry cohort without presenting a build-time concentration figure as current.

Total supply

Global share

24h

7d

30d

Chain health score

Quality (30%)—
Environment (20%)—
Concentration (20%)—
Peg Stability (20%)—
Backing Diversity (10%)—
Methodology v1.7View methodologyVersion history →

Next check

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Taxonomy pages represented by the stablecoins deployed on this chain.

Stablecoin Research Surfaces

Use these feature pages to compare the same stablecoin set from other angles.