according to Tether CEO Paolo Ardoino, "40% of the entire network's blockchain transaction fees are used for USDT transfers. This covers 9 chains: Ethereum, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. In emerging markets, billions of people are using Tether's digital dollar USDT every day to protect their families from the devaluation of their local currency and inflation. In the future, blockchains that focus on reducing gas fees and support paying fees with USDT will dominate the world."
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Tether CEO: 40% of blockchain transaction fees across the network come from USDT transfers
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