The Tokenview USDT Stablecoin January 2021 Report
The Tokenview USDT Stablecoin January 2021 Report
Time Range: 2021-01-01 -> 2021-01-31
Results: The current circulating supply of USDT is 26.46 billion tokens. In January, 111.16 billion new USDT tokens were minted, with 25 billion tokens burned, resulting in a net minting of 86.16 billion tokens. The newly issued USDT was distributed to 5 exchanges, with a total amount of 32.57 billion.
### An overview of USDT entering exchanges.
In January, a total of USDT flowed into 5 exchanges, with the following rankings based on the inflow volume: Binance received 1.58 billion tokens, Bitfinex received 1.47 billion tokens, Nexo received 145 million tokens, OKEX received 39.84 million tokens, and Huobi received 23.01 million tokens.
### USDT Net Issuance Channel Statistics for January
In January, the net issuance of USDT totaled 8.616 billion tokens, with 5.116 billion tokens minted on the Ethereum (ETH) blockchain and 3.5 billion tokens minted on the TRON (TRX) blockchain.
