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Astar Report Reveals $21.5B Stablecoin Wealth Unutilized Across Ethereum and Base

A significant portion of stablecoin wealth remains idle, with minimal yield generation.

A significant portion of stablecoin wealth remains idle, with minimal yield generation. Ethereum (ETH) is trading at ₹2,23,052 ($2,341.28). This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Tue, 27 Oct 2026 19:00:02 UTC.

Why it matters

This highlights a substantial untapped opportunity for DeFi protocols to attract liquidity and generate yield for users holding stablecoins.

Key takeaways
  • 91,000 wallets hold $23.4B in stablecoins across Ethereum and Base.
  • $21.5B (92%) of stablecoins are in non-yield-generating forms like USDT, USDC, and DAI.
  • $10.4B in stablecoins has shown no balance changes for at least 90 days.

Astar has released a report detailing the distribution and utilization of stablecoins across the Ethereum and Base networks. The report identifies approximately 91,000 wallets holding a total of $23.4 billion in stablecoins.

Of the $23.4 billion, a significant portion, $21.5 billion (92%), is held in traditional stablecoins such as USDT, USDC, and DAI, which do not generate yield. This indicates a large amount of potential liquidity that could be utilized in DeFi protocols to generate returns.

The report also highlights that $10.4 billion in stablecoins has shown no balance changes for at least 90 days, suggesting a significant portion of stablecoin wealth is being held long-term without active participation in the DeFi ecosystem.

The findings come at a time when the total crypto market cap stands at $2.76 trillion, with Bitcoin showing a modest 24-hour increase of 0.19%. The stablecoin market is dominated by USDT with a circulating supply of $181.87 billion, followed by USDC at $71.21 billion and DAI at $4.71 billion.

The data underscores the potential for DeFi platforms to attract more liquidity by offering yield-generating products for stablecoins. As the market remains relatively flat, the opportunity to unlock this idle capital could be a significant driver for future growth in the DeFi sector.

Market reaction since this brief Live

Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,23,026.75$2,341.02 to ₹2,23,051.52$2,341.28 — +0.01%.

$2,341$2,341$2,341$2,341$2,341 published · $2,341 now · $2,341 (+0.01%) Oct 27 17:25 UTC Oct 27 19:00 UTC
BeforeSince publishPublished · ₹2,23,026.75$2,341.02
CoinAt publishNowSince publish
ETH₹2,23,026.75$2,341.02₹2,23,051.52$2,341.28+0.01%
USDT₹95.18$0.999₹95.17$0.999-0.01%
USDC₹95.22$0.9995₹95.22$0.9995-0.01%

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹232,524.22 (about $2,341.28), up 1.2% over 24 hours. The rupee itself trades about 4.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

₹2,23,051.52$2,341.28 ▲ 1.25%
7d -4.31%MCap ₹27.25TFull ETH data →
USDT
#3
₹95.17$0.999 ▲ 0.01%
7d -0.02%MCap ₹17.37TFull USDT data →
USDC
#6
₹95.22$0.9995 ▲ 0.01%
7d -0.03%MCap ₹6.78TFull USDC data →
The market when this published · October 27, 2026
Total market cap₹263.17T
Bitcoin 24h+0.19%
Ethereum 24h+0.79%
BTC dominance58.5%
Fear & Greed48 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.

Base TVL$2.87B-3.7% 7dDeFiLlama ↗
USDT circulating supply$181.90BDeFiLlama ↗
USDC circulating supply$71.26BDeFiLlama ↗
Ethereum DeFi TVL$48.72BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Astar Report Reveals $21.5B Stablecoin Wealth Unutilized Acr — questions & answers

How much of the stablecoin wealth is idle?

$21.5 billion (92%) of stablecoins are in non-yield-generating forms like USDT, USDC, and DAI.

What is the total value of stablecoins held across Ethereum and Base?

Approximately $23.4 billion, according to the Astar report.

How much stablecoin wealth has been static for at least 90 days?

$10.4 billion has shown no balance changes for at least 90 days.

How much is 1 Ethereum worth in rupee today?

About ₹232,524.22 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,341.28. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 27, 2026 ⛓ Timestamped at Bitcoin block #973,439 sha256:ef620a88acfcbe9b
Based on reporting by Crypto Economy — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Oct 27 17:25 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.