USDT Migration Patterns Signal Layer 1 Network Rotation as TON Captures $500M Inflow
The stablecoin landscape, particularly USDT flows, is undergoing a significant reallocation that reveals shifting investor confidence and network preferences. Recent 24-hour data highlights a dramatic divergence: The Open Network (TON) has attracted a massive $500 million in stablecoin capital, marking the largest single-chain inflow tracked by analytics firm Artemis. This surge positions TON as a new liquidity hub, likely driven by its integration with Telegram's massive user base and growing DeFi ecosystem. In stark contrast, BNB Chain experienced substantial outflows during the same period, indicating a potential rotation of capital away from established networks toward emerging high-growth Layer 1 alternatives. This movement of USDT and other stablecoins is a critical real-time indicator of where smart money is deploying within the crypto sector. Further analysis of cross-chain activity reveals Arbitrum's strengthening role as a destination for bridged capital, absorbing between $18 million and $20 million. This underscores the ongoing importance of Layer 2 scaling solutions for Ethereum, even as competition heats up among other Layer 1s. The data suggests a multi-faceted market shift: capital is not simply exiting the market but is being actively redeployed. TON's remarkable inflow likely reflects bullish sentiment on its unique ecosystem growth trajectory, while BNB's outflows may point to profit-taking or a strategic rebalancing by large holders. For investors, these stablecoin flow metrics serve as a powerful on-chain signal. The concentration of USDT on TON could fuel the next wave of DeFi activity and token appreciation on that network, making it a chain to watch closely in 2026. The overall trend emphasizes that liquidity in crypto is highly dynamic, and tracking these movements is essential for understanding emerging opportunities and risks across different blockchain infrastructures.
TON Leads Stablecoin Surge as BNB Chain Faces Outflows Amid Market Shifts
The Open Network (TON) has emerged as the dominant player in stablecoin inflows, capturing $500 million in fresh capital over 24 hours—the largest single-chain gain tracked by Artemis. This surge contrasts sharply with BNB Chain's significant outflows, underscoring shifting liquidity patterns across LAYER 1 networks.
Arbitrum demonstrates growing appeal for bridged capital, absorbing $18-20 million in cross-chain transfers as users pivot toward Ethereum's leading Layer 2 solution. Meanwhile, Hyperliquid's $2.1 million fee generation reveals concentrated derivatives activity, dwarfing steady-state operations on Tron, Solana, and other chains.
Stablecoin markets continue their expansion past $310 billion, with Tether (USDT) maintaining dominance. Regulatory landscapes diverge globally—Brazil embraces tokenized yield products while India reiterates warnings about crypto's speculative nature. These developments highlight the sector's simultaneous maturation and volatility.
$2.3M USDT Hacked and Laundered via Tornado Cash
A rapid on-chain theft resulted in the loss of $2.3 million in USDT from two crypto wallets. The attacker executed a swift swap of stolen stablecoins for 757.6 ETH, funneling the funds through privacy mixer Tornado Cash within minutes.
This laundering maneuver highlights the alarming speed at which criminals exploit DeFi tools to obscure fund trails. The incident underscores persistent vulnerabilities in wallet security and transaction monitoring across crypto markets.
B2B Stablecoin Volume Surges 156% on Ethereum as Institutional Adoption Accelerates
Ethereum's role as a settlement layer for institutional payments solidified over the past year, with B2B stablecoin volume jumping 156% between August 2024 and August 2025. Average transaction sizes grew 45%, reflecting larger commercial flows despite representing just 33% of total transactions.
USDT and USDC dominate the $302 billion stablecoin market, accounting for 88% of value. These assets now facilitate 76% of Ethereum's payment volume - a tectonic shift from retail experimentation to enterprise-grade utility. Person-to-business transactions grew even faster at 167%, signaling dual adoption by both corporations and consumers.
The Artemis report confirms Ethereum's maturation into financial infrastructure. With 52% of global stablecoin supply settled on-chain, the network increasingly resembles traditional payment rails - only faster, borderless, and operating round-the-clock.
