According to The Block, data on the full chain stablecoin USDT0 shows that 99.2% of holders have wallet balances below $1000, with approximately 1200 wallets holding $100000 to $1 million, and only 35 wallets having balances exceeding $10 million. USDT0 is a full chain token supported 1:1 by Tether stablecoin, supporting 23 blockchains with a total historical trading volume of $86.7 billion. It is the third largest holder of USDT, second only to Binance and OKX. USDT0 is mainly used in the DeFi field, where decentralized exchanges and derivative trading have seen significant growth, with derivative trading volume reaching $80 million in April.
