
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.

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