Mike Dudas
the usdt fee dominance chart is the most impressive in crypto https://t.co/Ir9ue3slhT
276 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The chart shows that USDT (Tether) is increasingly dominating blockchain fees, with its share of total on-chain fees paid to send USDT recently surging above 35% and nearing 40%. This indicates strong and growing utility for USDT as a stablecoin for transactions, suggesting continued demand for Tether and its underlying TRON and Ethereum networks where it primarily operates. Investors might consider exposure to USDT or related blockchain assets given this sustained fee dominance.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol