According to PANews, Tether's transparency data reveals that as of 7:30 AM UTC+8, the net circulation of its USDT stablecoin has reached $149.73 billion. Tron holds the largest share with $73.06 billion, followed by Ethereum with $71.56 billion. Together, these two chains account for 96.58% of the total circulation. Solana, Ton, and Avalanche chains have respective circulations of $1.92 billion, $899 million, and $833 million.