Welcome to theVisa Onchain Analytics Dashboard
Developed in collaboration with Allium Labs. The Visa Onchain Analytics Dashboard showcases how fiat-backed stablecoins move via public blockchains globally.
Fiat-backed stablecoins are tokens issued on blockchain networks that are designed to maintain a stable value and have fiat reserves that are held off chain. Data from the movement of fiat-backed stablecoins on public blockchains is publicly available, and companies like Allium Labs specialize in ingesting this data and displaying it visually.
This Onchain Analytics Dashboard can be accessed by anyone to better understand how fiat-backed stablecoins are moving across blockchain networks globally, and demonstrate the volumes and participants involved in the process. Click through the different tabs to learn more about Stablecoin Supply, Stablecoin Transactions, and Stablecoin Addresses.
Key Metrics At A Glance
Average Stablecoin Supply, All Stablecoins
The average supply of stablecoins in circulation, across all stablecoins
Definitions
Stablecoins
Stablecoins are tokens issued on blockchain networks designed to maintain a stable value.
Public Blockchains
Public blockchains are decentralized networks designed to allow anyone to participate and verify transactions, where transaction history is transparent and accessible to everyone on the network.
Stablecoin Supply
Stablecoin supply refers to the total number of stablecoin units currently in circulation, designed to be directly tied to the reserve assets backing them to maintain their price stability.
Stablecoin Transactions
Stablecoin transactions over public blockchains are exchanges of stable-value cryptocurrencies that can be openly recorded, verified, and accessible to anyone on a blockchain network.
Stablecoin Addresses
Addresses sending and receiving stablecoin transactions over public blockchains where transactions are openly recorded, verified, and viewable by anyone on the blockchain network through the user's public wallet address.
USDC
USDC, or USD Coin, is a type of stablecoin that is pegged to the US dollar, with its reserve assets managed by Circle Financial.
USDT
USDT, or Tether, is a type of stablecoin that is pegged to the US dollar, with its reserve assets managed by Tether Operations Limited.
PYUSD
PYUSD, or PayPal USD, is a type of stablecoin that is pegged to the US dollar, with its reserve assets managed by PayPal in partnership with Paxos Trust Company.
FDUSD
FDUSD, or First Digital USD, is a type of stablecoin that is pegged to the US dollar, with its reserve assets managed by First Digital Trust.
USDP
USDP, or Pax Dollar, is a type of stablecoin that is pegged to the US dollar, with its reserve assets managed by Paxos Trust Company.
Blockchains
The following public blockchains are represented: