{"id":40850,"date":"2025-08-06T20:01:31","date_gmt":"2025-08-06T20:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40850"},"modified":"2025-08-06T20:01:31","modified_gmt":"2025-08-06T20:01:31","slug":"tether-ceo-40-of-blockchain-fees-go-to-just-moving-usdt","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40850","title":{"rendered":"Tether CEO: 40% Of Blockchain Fees Go To Just Moving USDT"},"content":{"rendered":"
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Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT.<\/p>\n

USDT Transfers Make Up For A Notable Portion Of Network Fees<\/h2>\n

In a post<\/a> on X, Paolo Ardoino has shared the latest data related to USDT\u2019s transfer fees<\/a> share on the major blockchains. Transfer fee here naturally refers to the amount that senders have to attach with their network transactions as a reward for the validators.<\/p>\n

Below is the chart shared by the Tether CEO that shows the trend in the percentage of these transfer fees that users on major networks are paying for making USDT transfers.<\/p>\n

\"USDT<\/p>\n

Nine networks are included here: Ethereum, Tron, Toncoin, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. From the graph, it\u2019s visible that the 7-day moving average fees share of USDT transfers across these chains recently hit the 40% mark.<\/p>\n

Fees usage can serve as a proxy for transaction activity, so this high share would indicate strong user interest in Tether\u2019s stablecoin. \u201cHundreds of millions of people in emerging markets use Tether\u2019s digital dollar USDt daily, to protect their families from local inflation and devaluation of their national currencies,\u201d notes Ardoino.<\/p>\n

On most networks, the transfer fee is paid using the chain\u2019s native token, even when the transaction involves a secondary coin. For example, ETH is required to make any kind of transaction on the Ethereum network.<\/p>\n

Since stablecoins like USDT run on blockchains like these, senders also need to own the network\u2019s main token to participate in transfers related to them. Among the chains included in the above data, however, there is one exception: Tron<\/a>.<\/p>\n

This year, the blockchain launched a feature that allows users to pay gas fees in other tokens, including USDT. As a result, Tron has established itself as the dominant network when it comes to the supply of the number one stablecoin.<\/p>\n

\u201cBlockchains that will focus on lower gas fees, allowing paying these in USDT will take over the world,\u201d says the Tether CEO.<\/p>\n

In related news, the on-chain volume<\/a> associated with all stablecoins set a new record recently, as institutional DeFi solutions provider Sentora has pointed out in an X post<\/a>.<\/p>\n

\"Stablecoins<\/p>\n

As displayed in the above chart, the combined monthly transaction volume of the stablecoins crossed $1.5 trillion last month, which is a new all-time high (ATH).<\/p>\n

ETH Price<\/h2>\n

At the time of writing, Ethereum is trading around $3,600, down more than 4% over the past week.<\/p>\n

\"Ethereum<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Tether CEO Paolo Ardoino has revealed a staggering 40% of all fees that users are paying on the major blockchains are spent to move USDT. USDT Transfers Make Up For A Notable Portion Of Network Fees In a post on X, Paolo Ardoino has shared the latest data related to USDT\u2019s transfer fees share on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40850","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40850"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40850\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}