Tedhar CEO Paolo Erdoino has described 40% of all fees, which are paying on the major blockchain users.
USDT transferred for a notable part of transfer network fees
In a post on X, Paolo Ardoino has shared the latest data related to the transfer fee share of USDT on major blockchain. The transfer fee naturally refers to the amount that sectors have to engage as a reward for verifications with their network transactions.
Below is the chart shared by the Tithi CEO that shows the time of these transfer charges that are paid to make USDT transfer on major networks.
The 7-day moving average value of the metric appears to have climbed up in recent months | Source: @paoloardoino on X
Nine networks include here: atherium, tron, tonquine, solana, BSc, avalanche, mediator, polygon and optimism. From the graph, it appears that these series of the 7-day movie fee share share share share share share share share share shares hit the 40% mark.
The use of fees can serve as a proxy for transaction activity, so this high part will indicate strong user interest in tather’s stabelin. “Hunders of millions in emerging markets use local inflation and devaluation of their national streams in emerging markets,” the digital dollars of daily tedhar use usdt dollars to protect their families from local inflation and devaluation of their national streams. “
On most networks, the transfer fee is paid using the original tokens of the series, even when the second coin is included in the transaction. For example, eTH is required to make any kind of transaction on the Etreum network.
Since stabechines such as USDT run on blockchain such as these, sectors also need to get the network of main tokens to participate in their related transfer. In the series included in the above data, how, there is an exception: Tran.
This year, Blockchain launched an achievement, which allows users to pay gas fee in other tokens including USDT. As a result, Tron has established itself as a major network when it comes to the support of Stabelcoin.
“Blockchains who focus on low gas fees,” will take them worldwide in USDT, “says Tithar’s CEO.
In the related news, on-chain volumes associated with all Stabecrims made a new record, as the institutional DEFI solutions provider Sentora posted in the X post.
The trend in the volume associated with the different stablecoins | Source: Sentora on X
As displayed in the above chart, the volume of joint monthly transaction of Stabelin crossed the $ 1.5 trillion last month, a new all-time high (ATTH).
Result price
At the time of writing, Etreum is trading around 4%, over $ 3,600 as compared to last week.
The price of the coin appears to have recovered a bit since its low | Source: ETHUSDT on TradingView
Specially displayed image from Dall-E, chart from traudingView.com
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