Brandwave

Coinbase vs MakerDAO:Which is more popular?

In September 2026, Coinbase had more branded searches than MakerDAO among stablecoin platforms worldwide. Coinbase had about 1.2 million branded searches, while MakerDAO had 2,400. Coinbase made up 91.6% of all stablecoin platform searches we track, and MakerDAO accounted for 0.18%. When we asked ChatGPT and Google AI Overviews about stablecoin platforms, Coinbase appeared in two of the five answers and MakerDAO in one. Coinbase was mentioned before MakerDAO in two out of three answers that named either.

Among stablecoin platforms worldwide in September 2026

Who do people search for more?

Coinbase, about 508 searches for every 1 for MakerDAO

Coinbase 1.2M searchesMakerDAO 2.4K searches

Who does AI mention more?

Coinbase, mentioned in 2 of 5 answers, MakerDAO in 1

Coinbase in 2 of 5MakerDAO in 1 of 5

Who does AI recommend more?

Coinbase, named ahead of MakerDAO in 2 of 3 answers

Coinbase first in 2MakerDAO first in 1

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Top stablecoin platforms in ChatGPT and Google AI Overviews

In three ChatGPT questions and two Google AI Overviews, Coinbase was mentioned in two out of five: in two of the three ChatGPT answers, but not in either of the two Google AI Overviews. MakerDAO was mentioned in one out of five: not in any of the three ChatGPT answers, but in one of the two Google AI Overviews. Coinbase was listed before MakerDAO in two out of three answers that named either.

Most recommended by AI

Brands get a higher ranking if they are mentioned earlier in the answers.

  1. Circle1st
  2. Coinbase2nd
  3. Visa Stablecoin Platform3rd
  4. Ethena4th
  5. MakerDAO5th
  6. Paxos–

Mentioned by AI

Each dot is one answer, filled in when that answer mentions the brand.

  • Circle5 of 5Named in 3 of 3 ChatGPT answersNamed in 2 of 2 Google answers
  • Coinbase2 of 5Named in 2 of 3 ChatGPT answersNamed in 0 of 2 Google answers
  • Visa Stablecoin Platform2 of 5Named in 1 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Ethena1 of 5Named in 0 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • MakerDAO1 of 5Named in 0 of 3 ChatGPT answersNamed in 1 of 2 Google answers
  • Paxos0 of 5Named in 0 of 3 ChatGPT answersNamed in 0 of 2 Google answers

See every answer about stablecoin platforms

5 answers

Not named in any answer:

Brands are shown in the order each answer named them. The survey took place in the United States on October 21, 2026.

Is Coinbase or MakerDAO more popular in search?

This chart shows how often people search Google for Coinbase and MakerDAO by name. Each line represents a brand's share of searches for all seven stablecoin platforms we track, month by month, from English-language searches worldwide.

Coinbase and MakerDAO among stablecoin platforms worldwide, by month

Share of searches by month for Coinbase, MakerDAO. The figures are in the table below the chart.

View monthly share of searches table
MonthCoinbasePaxosEthenaMakerDAOVisa Stablecoin PlatformCircle
Oct 202596.5%2.1%1.2%0.23%<0.01%<0.01%
Nov 202596.4%2.1%1.2%0.28%<0.01%<0.01%
Dec 202596.1%2.6%0.95%0.35%<0.01%<0.01%
Jan 202692.9%5.6%1.1%0.33%<0.01%0%
Feb 202695.2%3.8%0.77%0.23%<0.01%<0.01%
Mar 202694.3%4.7%0.76%0.28%<0.01%<0.01%
Apr 202693.1%5.7%0.92%0.27%<0.01%<0.01%
May 202690.7%8.2%0.9%0.18%<0.01%<0.01%
Jun 202688.9%9.8%1.1%0.14%<0.01%<0.01%
Jul 202686.9%11.7%1.1%0.14%0.17%<0.01%
Aug 202688.9%9.8%1.1%0.12%0.05%<0.01%
Sep 202691.6%6.8%1.4%0.18%0.04%<0.01%

How has the Coinbase and MakerDAO comparison changed over the last 12 months?

3 findings
  • Coinbase was ahead of MakerDAO in every measured month of the 12 months ending September 2026.
  • Across the 12 months ending September 2026, Coinbase’s share of searches among stablecoin platforms worldwide moved from 96.5% to 91.6%, and its estimated monthly branded searches moved from 2.7M to 1.2M.
  • Across the 12 months ending September 2026, MakerDAO’s share of searches among stablecoin platforms worldwide moved from 0.23% to 0.18%, and its estimated monthly branded searches moved from 6.6K to 2.4K.

How did search popularity change for stablecoin platforms worldwide in September 2026?

2 changes
  1. In September 2026, Coinbase gained share of searches among stablecoin platforms worldwide, from 88.9% to 91.6%.

  2. Estimated monthly branded searches for MakerDAO worldwide fell 63.6% over 12 measured months, from 6.6K to 2.4K in September 2026.

How are branded searches counted?

2 search terms

Brandwave collects information about searches that people make online using Coinbase’s and MakerDAO’s names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading.

Coinbase

1 branded search term

  • coinbase

MakerDAO

1 branded search term

  • makerdao

How the Brand Demand Index is measured

Other head-to-heads among stablecoin platforms

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