USDT Stablecoin May 2021 Report | Tokenview

The current circulating supply of USDT is 62.95 billion tokens. In May, 11 billion new USDT tokens were minted, with 6,129 tokens burned, resulting in a net minting of 11 billion tokens. The newly issued USDT was distributed to 5 exchanges, with a total amount of 6.8 billion tokens.

An overview of USDT entering exchanges.

In May, USDT entered a total of 5 exchanges, with the following rankings based on the inflow volume: Binance received 5.137 billion tokens, Bitfinex received 1.583 billion tokens, OKEx received 0.079 billion tokens, Huobi received 0.01 billion tokens, and HitBTC received 734,000 tokens.

Statistics on USDT May (net) issuance channels.

In May, the net issuance of USDT totaled 11 billion tokens, with 5 billion tokens minted on the Ethereum (ETH) blockchain and 6 billion tokens minted on the TRON (TRX) blockchain.