USDT Stablecoin May 2021 Report | Tokenview
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.
