USDT net circulation approaches $150 billion, with Tron and Ethereum chains accounting for over 96% of the total
According to transparency data on Tether's official website, as of 7:30 am Beijing time, the net circulation of USDT stablecoins issued by Tether reached $149.734 billion. Among them, Tron chain has the highest proportion, reaching $73.056 billion; Ethereum chain ranks second with 71.565 billion US dollars; The combined proportion of the two is 96.58%. Solana, Ton, and Avalanche chains are valued at $1.921 billion, $899 million, and $833 million, respectively.