According to Dune's official data, there are now 32 non-USD local stablecoins with a combined market capitalization of $1 billion. These stablecoins are distributed across various regions, with Europe accounting for 46.9%, Latin America 25%, and Southeast Asia 21.9%. The stablecoins are pegged to 11 different fiat currencies, with 43.8% linked to the Euro, 12.5% to the Brazilian Real, and 9.4% to the Mexican Peso.
Non-USD Local Stablecoins Reach $1 Billion Market Cap
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