[Data: 99.2% of USDT0 holders have wallet balances below $1,000] According to The Block, on-chain stablecoin USDT0 data shows that 99.2% of holders have wallet balances below $1,000. Approximately 1,200 wallets hold between $100,000 and $1 million, while only 35 wallets exceed $10 million. USDT0 is a fully on-chain token backed 1:1 by Tether's stablecoin. It currently supports 23 blockchains, with a historical total transaction volume of $86.7 billion, making it the third-largest holder of USDT (behind Binance and OKX). USDT0 is primarily used in the DeFi sector, where decentralized exchanges (DEX) and derivatives trading have been the 'strongest-growing areas in recent months.' In April, USDT0's derivatives trading volume reached $80 million.