On August 6, Tether CEO Paolo Ardoino disclosed that "40% of blockchain transaction fees across the network are used for USDT transfers. This covers 9 chains: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism.
In emerging markets, hundreds of millions of people use Tether's digital dollar USDT every day to protect their families from local currency depreciation and inflation. Blockchains that focus on reducing gas fees and support paying transaction fees with USDT will dominate the world in the future."
