USDT transfer volumes reach $52.9 billion since May as BNB chains overtake Ethereum

USDT transfers rose to $52.9 billion on a 30-day transferring common foundation, indicating a gentle restoration of steady speeds because the market turbulence in early 2022. In keeping with GlassNode knowledge, this gradual enhance reveals constant progress in market exercise and Stablecoin adoption throughout a number of blockchain networks.

Sustained quantity progress has resulted in additional than $13 billion in new USDTs within the second quarter of 2025, bringing the entire round provide to $157.1 billion. This represents an annual enhance of $2 billion, in accordance with CEO Paolo Ardoino, which expands the hole with competing Stablecoins to greater than $100 billion.

The BNB chain has gained market share from Ethereum

Blockchain distribution knowledge as of July 30, 2025 reveals adjustments within the dynamics of USDT switch patterns throughout main networks. Tron maintains a month-to-month payment of $23 billion, whereas BNB Chain’s $14.9 billion has surpassed Ethereum’s $13.3 billion.

This shift has proven a major change since Could 2025, when the amount share of BNB chains exceeded 30% of USDT transfers. Beforehand, Ethereum held greater than 27% of its January-Could quantity, whereas Tron led greater than 55% of its USDT exercise.

Associated: Tether Mint reaches 1 billion USDT and 826.9 billion provide milestones on Tron

The small community is increasing adoption with TON processing $94.7 million and Solana processing $780.4 million, with optimism and arbitrary processing of the Layer-2 resolution, adopting $606.4 million and $638.3 million respectively. These numbers reveal the diversification of blockchain utilization for Stablecoin transactions.

Tether’s monetary efficiency drives growth plans

Tether’s second quarter certification report confirms quarterly web revenue of $4.9 billion, contributing to annual revenue of $5.7 billion. The corporate has a complete property of $162.5 billion, serving to to issuance steady and helps $5.47 billion in extra reserves, exceeding the 100% assist requirement.

Tether additionally stories US Treasury holdings of $127 billion, each straight and not directly, rating because the world’s largest holder of US authorities debt. That is per the purpose of genius legislation to combine the dominance of the greenback within the crypto market.

Associated: Tether stories 4.9 billion quarter income, and Bitcoin stories $2.6 billion income from gold reserves

The corporate invests vital capital in strategic investments corresponding to XXI capital, Rumble platform build-outs, and numerous synthetic intelligence (AI) initiatives. Ardoino defined that US investments will attain round $4 billion aimed toward establishing a strong native ecosystem.

With Tether’s growth, our nearest opponents have established dominant market management whereas dragging a round provide of over $100 billion. This measurement of premium permits for enterprise flexibility in product innovation and market improvement efforts.

Future, the following quarter will witness the institution of a brand new US enterprise by Tether, with the intention of making conventional, foolish and ridiculous monetary merchandise. Moreover, it targets the US market with merchandise tailor-made to regulatory compliance and company onboarding.