全体号

Stablecoin & AML Weekly (2026-08-18 – 2026-08-24)

主要銘柄はJPYC +1.6%・JPYSC +0.2%・USDT.e +0.2%・USDC +0.9%。今週はRLUSDがEthereum中心に+$224.44M (+26.0%)。詳しく載せたのは7銘柄で、残り2銘柄の増減は下の一覧にまとめました。

+1.6%
+0.46億円 ・期末 28.67億
+0.2%
+0.44億円 ・期末 201億
+0.2%
+$355.45M ・期末 1826.96億
+0.9%
+$513.5M ・期末 586.4億

毎号同じ銘柄を同じ順で載せています(動きの有無に関わらず)。数値は本文の集計と同一です。

今週動いた銘柄

+26.0%
+$224.44M ・期末 10.89億
+4.4%
+$122.41M ・期末 28.77億
+4.3%
+S$852.98K ・期末 2046.4万

主要銘柄を除き、期首比の変動が大きい順に最大3銘柄。数値は本文の集計と同一で、順位は絶対額ではなく変化率です(通貨建てが混在するため)。

Automatically compiled by ChainAnalyzer from public on-chain data. All figures are deterministic aggregates; no estimates or predictions are included.

Period: 2026-08-18 – 2026-08-24

JPYC

#

期末構成

  • Kaia 68.6%
  • Polygon 23.6%
  • Ethereum 5.0%
  • Avalanche 2.9%

チェーン別の増減

  • Kaia −0.05億円
  • Polygon +0.56億円
  • Ethereum −0.01億円
  • Avalanche −0.05億円

Supply by chain

ChainStartEndChangeShare (Δ)
Kaia¥1.97B¥1.97B−¥4.59M68.6% (−1.3pt)
Polygon¥619.27M¥675.39M+¥56.12M23.6% (+1.6pt)
Ethereum¥143.22M¥142.3M−¥920.23K5.0% (−0.1pt)
Avalanche¥88.75M¥83.66M−¥5.09M2.9% (−0.2pt)
Total¥2.82B¥2.87B+¥45.52M

Basis: circulating supply

Mint / burnNo mint / burn events in this period.

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

Verified holders

供給量検証済み 合計71,550アドレス
  • Polygon 40,551
  • Avalanche 23,432
  • Kaia 5,535
  • Ethereum 2,032
ChainVerified holders
Polygon40,551
Avalanche23,432
Kaia5,535
Ethereum2,032

Only chains whose full-history ledger satisfies the supply invariant (Σ ledger balances = totalSupply) are listed.

🔎 On-chain insights

On 2026-08-24, a single address sent 10 JPYC each to 60 addresses within 2.8 days (Kaia; 28% of the latest 228 transfers sampled, covering 2026-08-21 – 2026-08-24). Uniform-amount distributions of this shape are the signature of a campaign or airdrop, not of organic transfers.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

Observations

  • Outflow from Kaia widened 3 days straight (−¥27.32M). Meanwhile Polygon rose 8 days straight to a 90d high (¥675.39M).
  • Total: 3 straight days of net decline (−¥18.81M) from the Aug 21 peak.

JPYSC

#

チェーン別の増減

  • Ethereum +0.44億円

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum¥20.06B¥20.1B+¥43.63M100.0% (+0.0pt)
Total¥20.06B¥20.1B+¥43.63M

Basis: total supply (trust-type issuer)

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) 6.37億円 ・4件
  • 償還(burn) 5.94億円 ・1件

差引 +0.44億円

  • Mint: 4 events / ¥637.24M
  • Burn: 1 events / ¥593.61M
  • Net: +¥43.63M
  • Largest event: Burn ¥593.61M (Ethereum, 2026-08-21, tx 0x10d2f4…4d6043)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

Verified holders

供給量検証済み 合計2アドレス
  • Ethereum 2
ChainVerified holders
Ethereum2

Only chains whose full-history ledger satisfies the supply invariant (Σ ledger balances = totalSupply) are listed.

USDT.e

#

期末構成

  • TRON 50.1%
  • Ethereum 47.3%
  • Solana 2.1%
  • Polygon 0.4%
  • Avalanche 0.0%

チェーン別の増減

  • TRON +$1.04B
  • Ethereum −$659.61M
  • Solana −$88.71
  • Polygon −$28.37M
  • Avalanche $0

Supply by chain

ChainStartEndChangeShare (Δ)
TRON$90.54B$91.59B+$1.04B50.1% (+0.5pt)
Ethereum$87.11B$86.45B−$659.61M47.3% (−0.5pt)
Solana$3.84B$3.84B−$88.712.1% (−0.0pt)
Polygon$833.72M$805.35M−$28.37M0.4% (−0.0pt)
Avalanche$18.32M$18.32M$00.0% (−0.0pt)
Total$182.34B$182.7B+$355.45M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) $3.05B ・795件
  • 償還(burn) $2.07B ・1643件

差引 +$970.92M

  • Mint: 795 events / $3.05B
  • Burn: 1643 events / $2.07B
  • Net: +$970.92M
  • Largest event: Burn $2B (Ethereum, 2026-08-21, tx 0x6c54a4…efd66c)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On TRON the top-10 address share rose from 3.5% to 5.8% (+2.3pt) between 2026-08-17 and 2026-08-24. Gini moved 0.444 → 0.562. Concentration tightened over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

USDC

#

期末構成

  • Ethereum 84.8%
  • Solana 13.4%
  • Polygon 1.1%
  • Avalanche 0.6%

チェーン別の増減

  • Ethereum +$94.49M
  • Solana +$456.28M
  • Polygon +$18.74M
  • Avalanche −$56.02M

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum$49.66B$49.75B+$94.49M84.8% (−0.6pt)
Solana$7.4B$7.86B+$456.28M13.4% (+0.7pt)
Polygon$630.96M$649.71M+$18.74M1.1% (+0.0pt)
Avalanche$435.5M$379.48M−$56.02M0.6% (−0.1pt)
Total$58.13B$58.64B+$513.5M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) $267.23M ・3907件
  • 償還(burn) $323.09M ・3544件

差引 −$55.86M

  • Mint: 3907 events / $267.23M
  • Burn: 3544 events / $323.09M
  • Net: −$55.86M
  • Largest event: Mint $13M (Avalanche, 2026-08-18, tx 0xc7e2a2…60bd94)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Avalanche the top-10 address share fell from 55.2% to 51.0% (−4.2pt) between 2026-08-17 and 2026-08-24. Gini moved 0.757 → 0.728. Holdings spread out over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

RLUSD

#

期末構成

  • Ethereum 100.0%
  • Base 0.0%
  • Optimism 0.0%

チェーン別の増減

  • Ethereum +$224.44M
  • Base +$6.41
  • Optimism $0

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum$864.52M$1.09B+$224.44M100.0% (+0.0pt)
Base$254.28$260.69+$6.410.0% (−0.0pt)
Optimism$143.17$143.17$00.0% (−0.0pt)
Total$864.52M$1.09B+$224.44M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) $276.66M ・40件
  • 償還(burn) $52.22M ・11件

差引 +$224.44M

  • Mint: 40 events / $276.66M
  • Burn: 11 events / $52.22M
  • Net: +$224.44M
  • Largest event: Mint $40M (Ethereum, 2026-08-21, tx 0x8fe937…b9e2da)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Ethereum the top-10 address share rose from 62.1% to 72.8% (+10.7pt) between 2026-08-17 and 2026-08-24. Gini moved 0.772 → 0.830. Concentration tightened over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

PYUSD

#

期末構成

  • Ethereum 68.4%
  • Solana 23.9%
  • Arbitrum 7.6%

チェーン別の増減

  • Ethereum +$111.59M
  • Solana +$13.52M
  • Arbitrum −$2.69M

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum$1.86B$1.97B+$111.59M68.4% (+1.0pt)
Solana$674.66M$688.18M+$13.52M23.9% (−0.6pt)
Arbitrum$222.61M$219.92M−$2.69M7.6% (−0.4pt)
Total$2.75B$2.88B+$122.41M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) $257.2M ・517件
  • 償還(burn) $146.33M ・219件

差引 +$110.87M

  • Mint: 517 events / $257.2M
  • Burn: 219 events / $146.33M
  • Net: +$110.87M
  • Largest event: Mint $25M (Ethereum, 2026-08-21, tx 0xa0f91c…6ddfbc)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Ethereum the top-10 address share fell from 84.9% to 82.6% (−2.3pt) between 2026-08-17 and 2026-08-24. Gini moved 0.892 → 0.885. Holdings spread out over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

XSGD

#

期末構成

  • Ethereum 53.7%
  • Base 27.6%
  • Polygon 10.7%
  • Avalanche 7.9%
  • Arbitrum 0.1%

チェーン別の増減

  • Ethereum +S$473.4K
  • Base +S$23.59K
  • Polygon +S$348.98K
  • Avalanche +S$7K
  • Arbitrum S$0

Supply by chain

ChainStartEndChangeShare (Δ)
EthereumS$10.52MS$11M+S$473.4K53.7% (+0.1pt)
BaseS$5.63MS$5.65M+S$23.59K27.6% (−1.1pt)
PolygonS$1.83MS$2.18M+S$348.98K10.7% (+1.3pt)
AvalancheS$1.61MS$1.61M+S$7K7.9% (−0.3pt)
ArbitrumS$21.67KS$21.67KS$00.1% (−0.0pt)
TotalS$19.61MS$20.46M+S$852.98K

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) S$1M ・5件
  • 償還(burn) S$0 ・0件

差引 +S$1M

  • Mint: 5 events / S$1M
  • Burn: 0 events / S$0
  • Net: +S$1M
  • Largest event: Mint S$470K (Ethereum, 2026-08-21, tx 0x6de8f5…fcd2c5)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Polygon the top-10 address share rose from 67.4% to 73.6% (+6.2pt) between 2026-08-17 and 2026-08-24. Gini moved 0.794 → 0.822. Concentration tightened over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

残り2銘柄の増減

これら2銘柄の詳細を開く

EURC

#

期末構成

  • Ethereum 64.4%
  • Solana 23.5%
  • Base 11.1%
  • Avalanche 1.0%

チェーン別の増減

  • Ethereum −€16.7M
  • Solana −€0.04
  • Base −€140.72K
  • Avalanche −€427.86K

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum€303.91M€287.21M−€16.7M64.4% (−1.2pt)
Solana€105.02M€105.02M−€0.0423.5% (+0.9pt)
Base€49.55M€49.41M−€140.72K11.1% (+0.4pt)
Avalanche€4.97M€4.54M−€427.86K1.0% (−0.1pt)
Total€463.45M€446.18M−€17.27M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) €30.25M ・140件
  • 償還(burn) €48.39M ・97件

差引 −€18.15M

  • Mint: 140 events / €30.25M
  • Burn: 97 events / €48.39M
  • Net: −€18.15M
  • Largest event: Burn €5M (Ethereum, 2026-08-18, tx 0xb7312a…0be4a9)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Base the top-10 address share rose from 44.5% to 46.2% (+1.7pt) between 2026-08-17 and 2026-08-24. Gini moved 0.632 → 0.642. Concentration tightened over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

USDG

#

チェーン別の増減

  • Ethereum +$9.07M

Supply by chain

ChainStartEndChangeShare (Δ)
Ethereum$425.57M$434.64M+$9.07M100.0% (+0.0pt)
Total$425.57M$434.64M+$9.07M

Basis: circulating supply

Mint / burn

発行 / 償還(期間合計)

  • 発行(mint) $83.32M ・430件
  • 償還(burn) $73.91M ・615件

差引 +$9.41M

  • Mint: 430 events / $83.32M
  • Burn: 615 events / $73.91M
  • Net: +$9.41M
  • Largest event: Mint $9.67M (Ethereum, 2026-08-20, tx 0x3c1421…a5247e)

Administrative eventsNo administrative events (freeze / pause / role change) in this period.

🔎 On-chain insights

On Ethereum the top-10 address share fell from 84.5% to 80.3% (−4.1pt) between 2026-08-17 and 2026-08-24. Gini moved 0.877 → 0.868. Holdings spread out over the week.

*Basis: verified holder ledger, daily snapshots, and direct on-chain measurement.*

Editor's note

#

This week’s ledger shows mixed cross-chain positioning rather than a single market-wide pattern. JPYC shifted share from Kaia toward Polygon, while USDT.e and USDC moved in opposite directions across major networks despite both ending higher in total. EURC contracted, RLUSD and PYUSD expanded, and smaller issuers such as XSGD and USDG also posted net growth. Distribution metrics were similarly mixed: concentration tightened for USDT.e, EURC, RLUSD, and XSGD, while USDC, PYUSD, and USDG showed broader holder dispersion over the same observation window.

Source: public on-chain data (issuer contracts). This report is informational and is not investment advice.

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