eicker.crypto 🧠crypto newsEthereum's share of non-USD stablecoin supply has fallen from 90% in early 2023 to 65% as of February 2026, according to Dune and Visa data. Despite the decline, it remains the primary issuance chain, while other blockchains gain market share. https://thedefiant.io/news/blockchains/ethereum-stablecoin-dominance-decline-dune-visa-pav1xe #Crypto #Web3
Ethereum's stablecoin dominance declines to 65% as other chains gain ground: Dune and Visa report
Ethereum's dominance in non-USD stablecoin supply has shrunk to 65% as of February 2026, down from 90% in early 2023, according to data published by Dune and Visa on Thursday. Despite the decline, Ethereum remains the default chain for stablecoin issuance, though other blockchains are catching up in market share.