Tether CEO: 40% of the blockchain transaction fees across the network come from USDT transfers

ChainCatcher news, according to Tether CEO Paolo Ardoino's post, "40% of the blockchain transaction fees across the network are used for USDT transfers. This covers 9 chains: Ethereum, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism.

In emerging markets, hundreds of millions of people use Tether's digital dollar USDT every day to protect their families from local currency devaluation and inflation. In the future, those blockchains that focus on reducing gas fees and support paying transaction fees with USDT will dominate the world."