๐ฅ Tether Beats Tron & DEXs With $432M Revenue โ What's Coming Next?
โก๏ธ Tether earns more than Tron, Uniswap & Circle combined
โก๏ธ Prepares launch of โStableโ blockchain powered by USDT gas fees
๐ธ Tether Dominates Crypto Revenue Rankings
In the last 30 days:
๐น Tether made $432.5M in revenue
๐น Circle earned $193.8M
๐น Tron fees hit $345.8M (mostly from stablecoin transfers)
๐น Uniswap earned $75.6M (+62.9%)
๐น Jito on Solana got $61.6M
๐ 2024 Totals:
Tether: $14B in revenue
Circle: $1.4B (valued at $16.7B after IPO)
๐ If valued like Circle, Tether could rank among top global firms
๐ฆ $1 Trillion Transferred โ USDT Hits New Milestone
Tether processed over $1 trillion in on-chain USDT transfers in a single month for the first time ever.
It also moved:
๐ธ 200 BTC ($20.88M) to Binance via its Lending Collateral Custody wallet
๐ธ Later, withdrew 1,650 BTC ($174.7M) after BTC hit $100K
This shows Tether is capitalizing on Bitcoin cycles to maintain financial strength and dominance.
๐งฑ Tether to Launch New โStableโ Blockchain
โ๏ธ New chain: Stable
๐น Powered by Tetherโs LayerZero-based USDT0
๐น USDT will be used as gas
๐น Backed by Bitfinex
๐น Target market: businesses, not retail
๐น Advisor: Tether CEO Paolo Ardoino
Unlike most blockchains focused on users or DeFi, Stable aims to bring stablecoins into enterprise-grade business operations.
๐ง What It All Means
โ Tether now leads in revenue, adoption, and stablecoin usage
โ Tron still dominates as a transport layer but canโt match Tetherโs profits
โ New blockchain aims to embed USDT deeper into real-world business infrastructure
โ Revenue from float + crypto moves like BTC gives Tether a central role in crypto finance
๐ TL;DR
Tether out-earned everyone with $432M in 30 days
Surpassed $1T in USDT transfers
New blockchain โStableโ to launch with USDT as gas
Targeting businesses, not retail
Circle and DEXs lag behind, despite solid growth