USDT0 Holders Skewed Towards Small Investors, Large Transfers Drive Volume

A recent usage report from Everdawn Labs found that the majority of USDT0 holders have balances under $1,000. Around 99.2% of wallet addresses meet this threshold, while only a small number hold significant amounts.

The report noted that large transfers drive the majority of total transaction value, despite the concentration of small holders by count. In fact, transfers above $1 million represented just 1.8% of cross-chain transactions but accounted for 68.8% of total transaction volume in a recent seven-day period.

USDT0 operates across 23 blockchains and has processed $86.7 billion in lifetime volume since its launch at the start of 2025. The circulating supply is approximately $4 billion, which has turned over roughly 21.7 times since launch.