according to the transparency data on the Tether official website, as of 7:30 am Beijing time, the net circulation of USDT stablecoins issued by Tether reached 149.734 billion US dollars. Among them, the Tron chain has the highest proportion, reaching 73.056 billion US dollars; followed by the Ethereum chain, at 71.565 billion US dollars; the two together account for 96.58%. Solana, Ton, and Avalanche chains are 1.921 billion, 0.899 billion, and 0.833 billion US dollars respectively.