Networks that banks, fund managers and exchanges use to put money and securities on-chain: tokenized deposits, Treasury funds and stocks. How much a network's use needs its coin differs by project. Where the announcement does not say the coin is needed, the line says so.
Updated 4 min ago · 15 listed coins, 15 priced in the figures.
Minted on each chain (totalSupply), including issuer-held balances. Dollar values use CoinMarketCap quotes. Sweep updated 5 hours ago.
| Chain | Stablecoins | Tokenized funds | Oldest read |
|---|---|---|---|
| Ethereum | $141.52B | $1.29B | 5 hours ago |
| Tron | $94.12B | not read | 5 hours ago |
| Solana | $14.84B | not read | 5 hours ago |
| Base | $4.27B | not read | 5 hours ago |
| Arbitrum | $2.78B | price unavailable | 5 hours ago |
| BNB Chain | $1.12B | not read | 5 hours ago |
| Avalanche | $1.06B | not read | 5 hours ago |
| Polygon | $568.56M | not read | 5 hours ago |
| OP Mainnet | $124.20M | not read | 5 hours ago |
Minted supply we read, as a share of circulating supply: USDT 104% · USDC 89% · USDe 100% · USDS 63% · PYUSD 99% · USD1 100%. Minted supply includes issuer-held reserves, so it can pass 100%.
Not read: Robinhood Chain, BUIDL (no verified chain entry), USTB (no verified chain entry), ACRED (no verified chain entry).
Supply read but dollar value unavailable for BENJI, USYC, OUSG, WTGXX: CoinMarketCap has no usable quote. These funds are omitted from dollar totals.
growthepie, updated 2 days ago. Value secured, stablecoin supply, seven days of user paid fees, and daily active addresses.
| Chain | Value secured | Stablecoins | Fees, 7d | Active addresses |
|---|---|---|---|---|
| Base | $13.87B | $4.97B | $672k | 377,199 |
| Arbitrum | $8.82B | $4.09B | $113k | 94,498 |
| Polygon PoS | $3.72B | $2.83B | $343k | 269,161 |
| Robinhood Chain | $2.05B | $1.04B | $214k | 187,044 |
| OP Mainnet | $1.43B | $397.69M | $15k | 19,591 |
| Mantle | $1.17B | $543.61M | $2k | 11,551 |
| Ink | $372.92M | $191.71M | $3k | 11,206 |
| Starknet | $314.79M | $34.99M | $9k | 2,326 |
| Linea | $297.99M | $36.90M | $7k | 3,661 |
| World Chain | $292.72M | $17.57M | $3k |
Software, issuers and services used in tokenization.
| Coin | Price | 7d | 30d | Market cap | Chain | Why it is listed |
|---|---|---|---|---|---|---|
| XRP XRP | $0.9906 4 min ago | -15.40% | -24.41% | $62.92B | XRP | Issuers put tokenized Treasuries and other real-world assets on the XRP Ledger, Ondo's among them. |
| Chainlink LINK | $9.592 4 min ago | -11.31% | -20.56% | $7.18B | Ethereum | Chainlink runs the on-chain price feeds for Robinhood's stock tokens on Robinhood Chain, and its CCIP bridge carries Coinbase's cbBTC here. |
| Stellar XLM | $0.1439 4 min ago | -5.91% | -20.10% | $5.09B | Stellar | Franklin Templeton's BENJI, the first US-registered money market fund to use a public blockchain as its record, runs on Stellar. |
| Quant QNT | $159.0 4 min ago | -19.65% | -20.00% | $1.92B | Ethereum |
| Country | Who | What | Chain | Status | Date |
|---|---|---|---|---|---|
| United States | J.P. Morgan Asset Management | MONY tokenized money market fund | Ethereum | live | 2025-12-15 |
| Bhutan | Gelephu Mindfulness City / Matrixdock | TER sovereign gold token | Solana | live | 2026-08 |
| Japan | Progmat | Digital securities migrated to an Avalanche L1 | Avalanche | live | 2026-07-13 |
| Germany | NRW.BANK | €100 million blockchain bond | Polygon | live | 2025-07-10 |
| Hong Kong | CMB International | Fund tokens on BNB Chain | BNB Chain | live | 2025-10-15 |
| European Union | European Investment Bank | €100 million digital bond issued on public Ethereum | Ethereum | live | 2021-04-27 |
| Australia | Reserve Bank of Australia / Project Acacia | Pilot transactions included tokenized assets on Hedera | Hedera | pilot | 2026-05 |
| United States | Wyoming Stable Token Commission | FRNT state-issued stablecoin launched on seven chains | Ethereum, Solana, Avalanche, Arbitrum, OP Mainnet, Polygon, Base | live | 2025-08 |
| Marshall Islands | Republic of the Marshall Islands | USDM1 digital sovereign bond used for on-chain UBI disbursement | Stellar | live | 2025-11 |
| Germany | Siemens | €60 million one-year digital bond issued on Polygon | Polygon | live | 2023-02-14 |
| Singapore | Monetary Authority of Singapore / Project Guardian | More than 15 industry trials of tokenized capital-market products across six currencies; public chain not specified | not stated | pilot | 2024-11-04 |
Listed when an institution's live or announced tokenization runs on the network or on its software, per a primary or reputable published source.
| 7,895 |
| Celo | $280.75M | $159.16M | $21k | 453,228 |
| zkSync Era | $211.68M | $33.79M | $3k | 5,256 |
| Ronin | $176.55M | $11.66M | $224 | 10,684 |
| Fraxtal | $151.40M | $9.93M | — | 233 |
| Unichain | $86.87M | $27.58M | $2k | 2,176 |
| MegaETH | $81.79M | $19.86M | $13k | 1,731 |
| Manta | $79.99M | $3.37M | $89 | 479 |
| Plume | $60.85M | $10.84M | $458 | 397 |
| Scroll | $34.14M | $8.06M | $816 | 1,904 |
| Metis | $22.76M | $5.39M | $150 | 337 |
| Soneium | $16.40M | $6.22M | $1k | 13,340 |
| Taiko | $11.36M | $473k | $789 | 223 |
| Arbitrum Nova | $8.76M | $323k | $141 | 65 |
| Mode | $6.43M | $643k | $50 | 452 |
| The Clearing House chose Quant in September 2026 to build the connecting layer of its tokenized-deposit network, due in the first half of 2027. The announcement does not say banks must hold or use the QNT token. |
| Ondo ONDO | $0.3281 4 min ago | -10.39% | -23.68% | $1.60B | Ethereum | Ondo issues tokenized US Treasuries and tokenized stocks. |
Native networks on which the assets are issued.
| Coin | Price | 7d | 30d | Market cap | Chain | Why it is listed |
|---|---|---|---|---|---|---|
| Ethereum ETH | $1,908.66 4 min ago | -14.90% | -19.31% | $233.27B | Ethereum | J.P. Morgan Asset Management launched its MONY tokenized money market fund on the public Ethereum blockchain. |
| BNB BNB | $616.9 4 min ago | -11.07% | -14.45% | $81.13B | BNB | CMB International fund tokens were deployed on BNB Chain in October 2025; the fund reported more than $3.8 billion in assets under management. |
| Solana SOL | $75.90 4 min ago | -15.61% | -25.91% | $44.90B | Solana | Bhutan’s TER gold token and tokenized securities described by the Solana Foundation are issued on Solana. |
| Avalanche AVAX | $8.030 4 min ago | -2.91% | -16.12% | $3.58B | Avalanche | Progmat says it completed the migration of its digital securities, exceeding ¥452 billion in issued value, to an Avalanche L1 in July 2026. |
| Canton CC | $0.08518 4 min ago | -10.49% | -20.59% | $3.41B | Canton | DTCC says its Canton Tokenization Service completed production transactions and had an expected October 2026 launch; broad service availability remains announced. |
| Hedera HBAR | $0.06016 4 min ago | -11.26% | -26.21% | $2.67B | Hedera | Aberdeen, Lloyds and Archax used tokenized funds and gilts on Hedera as collateral in a 2025 FX transaction. |
| Arbitrum ARB | $0.1409 4 min ago | -15.60% | -19.09% | $971.20M | Arbitrum | Robinhood launched EU stock and ETF tokens on Arbitrum in June 2025, while its own chain uses Arbitrum technology. |
| Polygon POL | $0.08359 4 min ago | -7.94% | -10.70% | $890.20M | Polygon | NRW.BANK issued a €100 million blockchain bond in July 2025; reporting identified Polygon as its network. |
| XDC Network XDC | $0.02831 4 min ago | -9.28% | -17.62% | $608.33M | XDC Network | Archax launched tokenized access to four money-market funds on XDC Network in February 2025. |
| Aptos APT | $0.5112 4 min ago | -14.74% | -33.82% | $454.43M | Aptos | BlackRock expanded BUIDL to Aptos; Franklin Templeton had also placed its BENJI fund there. |