🔥Tether's CEO, Paolo Ardoino, revealed that 40% of total transaction fees on major blockchains today are used to transfer USDT. Particularly in emerging markets, where millions of people use USDT to protect their assets from inflation and currency devaluation.

Among major networks like Ethereum, Tron, and Solana, USDT transfer fees make up a large portion. However, Tron has made a difference by allowing users to pay gas fees with USDT, helping this network gain an advantage in providing the number one stablecoin. Ardoino asserts that blockchains with low gas fees and the ability to pay with USDT will have a global advantage.

At the same time, the trading volume of all stablecoins set a new record, surpassing $1.5 trillion last month, demonstrating a strong increase in the use of these stable digital assets.