Tether CEO: USDt transfers contribute 40% of blockchain fees
2025/08/05 23:59
PANews reported on August 5th that Tether CEO Paolo Ardoino revealed that approximately 40% of blockchain transaction fees generated by nine public blockchains globally ( ETH , Tron , TON , Solana , BSC , Avalanche , Arbitrum , Polygon , and Optimism) are used to pay for USDt transfers. He stated that hundreds of millions of users in emerging markets use USDt daily to hedge against local currency inflation, and that chains that can pay lower gas fees in USDt will have a competitive advantage in the future .
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Justin Sun confirms USDJ service discontinuation—deadline set for August 31
Justin Sun’s first JST-stablecoin on the TRX ecosystem, USDJ, will formally end its services at the end of August. Here’s what we know so far about the permanent wind-down. In a recent post, the JUST DAO reminded holders to migrate…
Share
Crypto.news2025/08/06 14:56
Data: Hong Kong virtual asset ETF trading volume today is approximately HK$29.67708 million
According to PANews on August 6, Hong Kong stock market data showed that as of the close of trading, the total trading volume of all Hong Kong virtual asset ETFs
Share
PANews2025/08/06 16:08
Liquidity becomes the decisive factor, will BTC peak in September?
Author: arndxt Compiled by AididiaoJP, Foresight News Welcome to the age of hyper-speculative capitalism. Keep an eye on the M2 money supply in mid-September. In the current irrational economic environment,
Share
PANews2025/08/06 16:00