Tether's CEO Paolo Ardoino claims that 40% of all fees in the blockchain come from transactions in USDT. He noted that hundreds of millions of users of ETH, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron use the most popular stablecoin in the world daily.
40% of all fees in the blockchain are charged for sending USDT. This concerns 9 networks: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism, says the head of Tether.
Ardoino stated that the stablecoin protects families in developing economies from inflation and devaluation of the national currency. He added that blockchains focused on 'lower gas fees', paid in USDT, 'will take over the world'.
At the same time, Ardoino explained that Tether does not plan to go public, even after expanding in the US. According to him, the company will remain focused on emerging markets, where it has an advantage over competitors. Ardoino bragged that his company has been incredibly successful in emerging markets for over ten years, as Tether has better technology and understanding of this market segment than anyone else.
The use of USDT also grew over the quarter by 35 million wallets. According to statistics from the US Department of the Treasury, as of the second quarter of 2025, Tether held US Treasury bonds worth over $127 billion. By this measure, the company is comparable to sovereign states such as Germany, South Korea, and the UAE.
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