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Pharos

TON Stablecoins: USDT, USDe, and FDUSD, Supply & Risk

Stablecoin supply, Chain Health and tracked deployments on TON.

Chain Health methodology 1.7 · Version history →

About the TON registry cohort

TON has 5 tracked deployments across 5 stablecoins in the checked-in Pharos registry. The mapped set includes Tether (USDT), Ethena USDe (USDe), and Ethena Staked USDe (sUSDe). Each of the 5 stablecoins has one mapped contract on the network.

The TON cohort's peg mix is US Dollar (4) and Gold (1); its backing mix is RWA (3) and Crypto (2); and its governance mix is CeFi (3) and CeFi-Dep (2). 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 TON 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.