#binance #hype #zec #near
05/08/25 14:44 UTC-04

40% of All Blockchain Fees Come from USDT Transactions

Tether CEO Paolo Ardoino claims that 40% of all blockchain fees are generated by USDT transactions. He emphasized that hundreds of millions of users across Ethereum, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron use the world’s most popular stablecoin daily.

“40% of all blockchain fees are charged for sending USDT. This applies to 9 networks: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism,” said Ardoino.

He stressed that the stablecoin helps protect families in developing economies from inflation and currency devaluation. He also stated that blockchains focused on “low gas fees” paid in USDT will “take over the world.”

Tether Won’t Go Public but Is Rapidly Expanding

Ardoino clarified that Tether has no plans to go public, even after its expansion into the U.S. market. Instead, the company will remain focused on developing markets, where it holds a competitive edge.

“We’ve been incredibly successful in developing regions for over ten years. We have the best technology and understanding of this space,” he added.

USDT Sees Growth and Major Financial Influence

  • In the last quarter, 35 million new wallets holding USDT were created

  • As of Q2 2025, according to the U.S. Department of the Treasury, Tether holds over $127 billion in U.S. Treasuries

  • This makes the company comparable to sovereign states such as Germany, South Korea, and the UAE

See also: "Bitcoin Rebounds Above $115,000 Alongside the Stock Market"

#Tether USDt (USDT) #Stablecoins #Blockchain

Editor: Alyona Nabok
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