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The average 30-day cross-chain transfer volume of USDT reached 5.29 billion USD, and the transfer volume on BNB Chain has exceeded that of Ethereum since May.
PANews August 1st news, according to Glassnode monitoring, the 30-day average transfer volume of USDT across major blockchains has steadily risen since the fluctuations at the beginning of 2022, currently reaching 5.29 billion USD, indicating that the stablecoin market activity is gradually recovering. As of July 30, 2025, the proportion of USDT transfers across various blockchains is as follows: Tron $23 billion, BNB Chain $14.9 billion, Ethereum $13.3 billion, Ton $94.7 million, Optimism $60.4 million, Solana $78.04 million, and Arbitrum $63.83 million. From January to May this year, Tron led the USDT transfer volume with a share of over 55%, while Ethereum accounted for over 27%. However, since May, BNB Chain has surpassed Ethereum and currently holds a share of over 30%.