The circulating supply of USDT is nearly 112 billion, and Binance is the largest holder of USDT on Tron and Ethereum

Official data shows that there are nearly 112 billion USDT in circulation, most of which are on the Tron and Ethereum networks (over 109 billion USDT). Data shows that there are 5.73 million unique addresses holding USDT on Ethereum and 43.47 million unique addresses holding USDT on Tron. Binance has the largest USDT wallet on the Tron network, with 9.12% of the total supply stored in its cold wallet. As of this week, Binance holds 5.36 billion TRC20 native USDT in this wallet. Binance also manages the second, third, and fourth largest Tron-based USDT wallets, with the second largest wallet holding 6.80% of the supply, the third largest wallet holding 3.9% of the supply, and the fourth largest wallet holding 3.68% of the supply. The Tether Treasury wallet is the fifth largest Tron-based USDT holder, holding 1.11% of the supply, or 655,364,163 USDT. On Ethereum, Binance is the largest holder of ERC20-based USDT, holding 5.6 billion Ethereum-native USDT, accounting for 10.78% of the supply; the second largest holder is Arbitrum One, holding 4.6% of the supply, worth $2.39 billion; Binance also has the third largest ERC20 USDT wallet, holding 1.82 billion, accounting for 3.5% of the supply. (Bitcoin.com)