Tether CEO: USDt transfers contribute 40% of blockchain fees

According to Tether CEO Paolo Ardoino, about 40% of the blockchain fees generated by the nine global public chains (ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrarum, Polygon, Optimism) are used to pay USDt transfers. It claims that billions of emerging market users use USDt daily to hedge against local currency inflation; If a chain can pay lower gas fees in USDt in the future, it will have a competitive advantage.