Analysis of USDT transfer volumes on the TON network since the beginning of 2025 shows that Binance is the leader among exchanges, handling 34.8% of all transactions, amounting to 381.18M USDT. This underlines Binance’s strong position in the TON stablecoin ecosystem.

Other significant participants:

- MEXC – 24.5% of the total volume, or 269.3M USDT.

- OKX – 11.3% of the market with 124.3M USDT.

- DeDust – a decentralized exchange, providing 10.2% of transactions, or 111.5M USDT.

- Bybit, Bitget, Gate.io and KuCoin – together 17.2% of the volume, equal to 188.5M USDT.

This indicates the active use of USDT on TON in 2025, where Binance is in the lead!