The average cross chain transfer volume of USDT reached 5.29 billion US dollars in 30 days, and the transfer volume of BNB Chain exceeded that of Ethereum since May

According to Glassnode monitoring, the 30 day average transfer volume of USDT across major blockchains has steadily increased since fluctuations in early 2022, currently reaching $5.29 billion, indicating a gradual recovery in stablecoin market activity. As of July 30, 2025, the proportion of USDT transfers in each blockchain region 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 Arbitrarum $63.83 million. From January to May this year, Tron led USDT transfer volume with over 55% of the total, while Ethereum accounted for over 27%. But since May, BNB Chain has surpassed Ethereum, currently accounting for over 30%.