PANews reported on May 9 that according to the transparency data on Tether's official website, as of 7:30 a.m. Beijing time, the net circulation of USDT stablecoins issued by Tether reached 149.734 billion U.S. dollars. Among them, the Tron chain accounted for the largest proportion, reaching 73.056 billion U.S. dollars; the Ethereum chain was second, at 71.565 billion U.S. dollars; the two together accounted for 96.58%. Solana, Ton and Avalanche chains accounted for 1.921 billion, 899 million and 833 million U.S. dollars respectively.