The transaction fees of the #交易手续费揭秘 stablecoin are influenced by various factors, as detailed below:

• Network congestion: During network congestion, there is high transaction demand, and miners or validators have limited processing capacity, prioritizing higher fee transactions, leading to an increase in fees. For example, when the Ethereum network is congested, Gas fees can rise significantly, causing an increase in transaction fees for stablecoins based on Ethereum.

• Blockchain network: The transaction fees differ across various blockchain networks. For instance, stablecoin fees on ERC-20 (Ethereum network) are relatively high, usually ranging from several dollars to dozens of dollars, and can be even higher during congestion; whereas stablecoin fees on TRC-20 (Tron network) are lower, typically a few cents to a few dollars, with faster transfer speeds, making it suitable for small frequent transactions.

• Trading platforms: The fees on decentralized exchanges (DEXs) vary. For example, Uniswap charges a 0.3% fee per transaction, of which 0.25% goes to liquidity providers and 0.05% to the protocol; Curve, which focuses on stablecoin exchanges, has a fee of only 0.04%.

• Type and size of transaction: The more data a transaction contains and the higher its complexity, the higher the fee. For example, operations involving smart contracts, such as DeFi applications and NFT transactions, usually require higher Gas fees.

Taking USDC as an example, it is built on the Ethereum public chain, and each transaction requires miners to provide computational power to transfer assets, resulting in miner fees. However, apart from a fee of 50 USDC for rejected remittances, USDC itself generally does not charge other fees. Meanwhile, some stablecoins like JD - HKD launched by JD Chain Technology claim to have almost zero fees. However, in practical applications, there may be certain hidden costs due to factors such as the blockchain network of the exchange and the trading platform used.