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Tether CEO: 40% of the blockchain transaction fees across the network come from USDT transfers.
On August 6, Tether CEO Paolo Ardoino disclosed that "40% of the blockchain transaction fees across the network are used for USDT transfers. This covers 9 chains: Ethereum, TRON, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. In emerging markets, hundreds of millions of people are using Tether's digital dollar USDT daily to protect their families from the devaluation of local currencies and Inflation. In the future, blockchains that focus on drop Gas fees and support payment of transaction fees with USDT will dominate the world."