The CEO of Tether, Paolo Ardoino, shared a remarkable piece of information: 40% of all transaction fees on blockchain are allocated to USDT transfers. This data encompasses nine blockchains: Ethereum, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism.
Ardoino emphasized that, in emerging markets, USDT is being used daily by millions of people to protect their families from the devaluation and inflation of their local currencies. He predicts that the blockchains that focus on reducing gas fees and that allow for the payment of these fees directly in USDT will be the leaders in the future.