Data: 99.2% of USDT0 holders have wallet balances below $1,000.

CoinFeed reported on May 1st that, according to The Block, data from the full-chain stablecoin USDT0 shows that 99.2% of holders have wallet balances below $1,000, approximately 1,200 wallets hold between $100,000 and $1 million, and only 35 wallets hold over $10 million. USDT0 is a full-chain token backed 1:1 by Tether's stablecoin, currently supporting 23 blockchains, with a historical total trading volume of $86.7 billion. It is the third largest holder of USDT (after Binance and OKX). USDT0 is primarily used in the DeFi sector, with decentralized exchanges (DEXs) and derivatives trading being "the strongest growing areas in recent months." In April, USDT0's derivatives trading volume reached $80 million.