Tether captures 40% of on-chain fees, CEO calls stablecoins crypto's “ChatGPT moment”

Tether CEO Paolo Ardoino has revealed that USDT now accounts for 40% of total on-chain fees across nine major blockchains, including Ethereum, Tron, and Solana.

He described stablecoins as crypto’s “ChatGPT moment”, a breakthrough that makes digital value transfer faster, cheaper, and borderless.

Ardoino emphasized that USDT has become a financial lifeline in many emerging economies, where people rely on it daily to protect their wealth from inflation and currency instability.

He stated that blockchains with low transaction fees and native support for USDT are likely to lead the next wave of digital payments. Factors such as speed, cost-efficiency, and stability will be key to mass adoption, especially in regions with limited access to traditional banking services.