💥 Paolo Ardoino, CEO of #Tether , Claims that 40% of All Blockchain Fees Come from $USDT ! 🤯
Tether is dominating, and the numbers prove it. CEO Paolo Ardoino has revealed explosive data: 40% of gas fees on 9 of the largest blockchains come from USDT transactions.
This is not just an achievement; it is a clear sign of the power and real utility of the world's largest stablecoin.
The most important things you should know:
* Dominance in Top Chains: 40% of gas fees on networks like ETH, Solana, Tron, BNB Chain, TON, and others, are for sending USDt. This shows that users trust and massively use Tether.
* Lifeline Against Inflation: Ardoino explains that millions of people in emerging markets use USDt to protect their families from inflation and the devaluation of their local currencies. This positions Tether as an essential financial tool, not just a trading asset.
* Emerging Markets First: Despite its expansion in the U.S., Tether will continue to focus on emerging markets, where it has a clear technological advantage and deep user knowledge.
* Strategy in the U.S.: Tether plans to launch a new stablecoin that complies with U.S. laws, allowing them to address the institutional market. This could be a major catalyst for the company’s growth.
* Massive Predictions: Bernstein analysts project that the stablecoin market will grow 16 times, surpassing $4 trillion in the next decade. Tether, with its 65% market share, is perfectly positioned to lead this expansion.
Why is this Important for the Market?
This data is not just a victory for Tether, but a strong indicator of the mass adoption of cryptocurrencies in daily life. While many focus on the high fees of ETH for NFTs or DeFi, the reality is that a large part of the network activity is dedicated to stablecoin transactions, a true "rail of internet money."