According to Foresight News, Tether CEO Paolo Ardoino has revealed that 40% of blockchain transaction fees are attributed to USDt transfers. This statistic encompasses nine blockchain networks, including Ethereum, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. In emerging markets, millions of people utilize Tether's digital dollar, USDt, daily to safeguard their families from local financial instability.