USDT Transfer Volume Hits $52.9B as BNB Chain Overtakes Ethereum Since May

Key Points

1. BNB Chain captures 30% of USDT volume, surpassing Ethereum's 27% share since May 2025.

2. USDT 30-day average transfer volume hits $52.9B, indicating steady stablecoin recovery.

3. Tether reports $4.9 billion Q2 profits and a circulating supply growth to $157.1 billion.

4. BNB Chain processes $14.9 billion in monthly USDT volume, while Ethereum handles $23 billion.

5. Tether holds $162.5 billion in total assets, with $5.47 billion in excess reserves above the 100% backing requirement.

6. Tether's U.S. Treasury holdings total $127 billion, positioning it among the largest holders of U.S. government debt.

7. Smaller networks like TON, Solana, Optimism, and Arbitrum show growing adoption for stablecoin transactions.