99% are retail investors, but the big players still take the money: USDT0 is pretty interesting

Recently, I looked at a set of USDT0 data—honestly, it’s pretty accurate.
First, let’s start with the conclusion:
Basically, the users of this stablecoin are all retail investors.
How “retail” exactly?
99.2% of wallets have balances of less than $1,000
As for the truly meaningful size (from $100k to $1 million), there are only a thousand-plus addresses
Big players with over $10 million—only 35
But here’s the interesting part—
Even though the people are all small-amount players, the funds are still dominated by large transactions:
Transfers of $1 million or more in a single transaction make up 68.8% of the total transaction volume.
If I translate it simply:
Lots of people use it in everyday life, moving small amounts back and forth;
But the real “deciders” of scale are still that small group of big money.
In terms of usage scenarios, this thing now looks more like a cross-chain transfer tool rather than a place to hoard large sums—daily small transfers dominate.
The background isn’t bad either:
Behind it is Everdawn Labs, with support from LayerZero and Tether, 1:1 anchored to Tether. It’s now live on 23 chains, and total transaction volume has reached $86.7 billion.
My own feeling is that this structure is actually quite typical:
Users are retail, but liquidity is controlled by big players.
Many people might be drawn in by the point that “there are lots of users,” but the market’s truth has never changed—
What determines price and scale is never the number of people, but the amount of money.
Once you trade for a while, you’ll understand:
You can stand with most people, but whether you make money depends on whether you’ve clearly seen where the money really is.#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 $BSB $SKYAI