This Pine Script indicator visualizes the combined market capitalization of three prominent stablecoins: USDT, USDC, and BUSD, on a daily basis.

It fetches the daily closing market caps of these stablecoins and sums them. The resulting line graph is displayed in its own separate pane below the main price chart.

The line is color-coded: green on days when the market cap is increasing compared to the previous day, and red when it's decreasing.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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