Tether USDT Claims 40% of On-Chain Fees Across 9 Major Blockchains

Generated by AI AgentCoin World
Wednesday, Aug 6, 2025 9:21 am ET1min read
Aime RobotAime Summary

- Tether's USDT captured 40% of on-chain fees across 9 major blockchains, per CEO Paolo Ardoino.

- As the largest stablecoin (61% market share, $163B supply), USDT bridges ecosystems and drives cross-chain transactions.

- Its dominance reshapes blockchain fee dynamics and signals regulatory shifts as stablecoins become central to decentralized economies.

Tether’s USDT has captured 40% of all on-chain transaction fees across nine major blockchain networks, including Ethereum,

Tron
, and Solana, according to a statement from Tether CEO Paolo Ardoino [1]. This figure highlights the growing influence of USDT as a key driver of blockchain activity, particularly as stablecoins continue to gain traction in facilitating digital value transfer across borders [2]. The data, which spans multiple blockchain protocols, underscores USDT’s role as a functional asset beyond its traditional use as a stable reserve [3].

USDT’s widespread adoption has positioned it as a bridge across blockchain ecosystems, enabling seamless fund movement and cross-chain transactions [4]. Its dominance in on-chain fees indicates that users are increasingly relying on the stablecoin for everyday transactions, rather than native blockchain tokens [5]. This shift reflects a broader trend where stablecoins are shaping fee dynamics and influencing user behavior on decentralized networks [6].

From a market perspective, USDT remains the largest stablecoin by supply, commanding 61% of the total stablecoin market and with a circulating supply exceeding $163 billion [7]. The stablecoin’s integration across low-fee blockchains is seen as a catalyst for the next phase of digital payments, particularly in regions with limited access to traditional banking infrastructure [8]. Ardoino emphasized that affordability, speed, and stability will be critical for mass adoption, and USDT’s role in this context appears to be strengthening [9].

The growing share of on-chain fees attributed to USDT raises important questions about the competitive landscape of stablecoins. While USDT leads in both market capitalization and usage, its deeper integration into blockchain infrastructure suggests a broader shift in how digital assets are developed and adopted [10]. This trend could influence future regulatory approaches, as stablecoins become more central to blockchain economies [11].

Source:

[1] Tether's USDT captures 40% of all on-chain fees across 9 major blockchain networks - OKX

(https://tr.okx.com/en/news/article/tether-s-usdt-captures-40-all-chain-fees-across-9-major-blockchain-networks-5156****609440)

[2] TRON: Latest News, Social Media Updates and Insights - CryptoRank

(https://cryptorank.io/news/tron)

[3] Crypto Short News – Latest Real-Time Updates - Coinpedia

(https://coinpedia.org/crypto-live-news/)

[4] CryptoSlate - X

(https://x.com/CryptoSlate/status/1952886085672968530)

[5] News sitemap - Bitget

(https://www.bitget.com/sitemap/news)

[6] Crypto News Aggregator: Blockchain & Web3 - TodayOnChain.com

(https://www.todayonchain.com/news/)

[7] Tether's USDT captures 40% of all on-chain fees across 9 major blockchain networks - BitKE

(https://bitcoinke.io/2025/08/usdt-captures-40-percent-of-onchain-fees/)