Global dominance of Tether's USDt in blockchain transaction fees
In the ever-evolving world of blockchain technology, Tether (USDT) has emerged as a key player, significantly influencing global transaction fees and blockchain competitiveness. According to Paolo Ardoino, CEO of Tether, USDT accounts for approximately 40% of all blockchain fees on major networks such as Ethereum, Tron, Solana, TON, and Polygon.
USDT's massive on-chain activity and fee generation have contributed to its dominance in the global crypto trading and stablecoin markets. In 2025, USDT maintains the highest average daily trading volume at around $90 billion, surpassing Bitcoin, and features in over 73% of global crypto spot trades.
The stablecoin's adoption in emerging markets is rapid, with hundreds of millions of daily users utilizing USDT for cross-border trade, savings, and hedging against local currency volatility. This extensive use supports blockchain utility and competitiveness worldwide.
With a market cap of approximately $164 billion as of Q2 2025, USDT leads stablecoin circulation and aggressively expands via multichain strategies. By utilizing LayerZero’s framework, USDT reduces cross-chain transaction costs and increases speed, improving blockchain transaction efficiency and interoperability.
Sophia Patel, a strategic thinker and collaborative individual, is at the forefront of educating underserved communities about blockchain's potential. With a Master's in Digital Marketing from the Indian Institute of Management (IIM) and a Google SEO Specialist certificate, Patel specializes in creating compelling stories and thought leadership content in the crypto space.
Patel has worked with top Indian firms and global crypto startups and is now a content contributor at Coincu.com. Her podcasts, including SoundCloud, Podcasts.com, Podbean, Spotify, and Podomatic, provide valuable insights into the world of blockchain and USDT.
As market experts recognize USDT's dominance as a critical factor that could influence not only crypto-focused transactions but also broader financial interactions, Patel's work is more relevant than ever. The continued rise of USDT could reshape the dynamics of blockchain transactions, particularly in regions facing economic instability.
The statement from Ardoino underscores a growing trend towards blockchains that minimize fees, supporting USDt's ongoing expansion. With Patel's expertise and passion for educating underserved communities, the future of blockchain technology and USDT's role in it appears promising.
- In the realm of crypto exchanges, Tether's (USDT) dominance continues to grow, accounting for a significant portion of crypto trading volume due to its low transaction fees and high competitiveness on major networks like Ethereum, Tron, Solana, TON, and Polygon.
- The extensive use of USDT in data-and-cloud-computing sectors, such as cross-border trade and hedging against local currency volatility, highlights its potential in influencing the broader finance industry.
- Technology pioneers like Tether, led by Paolo Ardoino, are leveraging innovative solutions like LayerZero’s framework to improve blockchain transaction efficiency and interoperability, contributing significantly to the evolution of the technology.
- As an advocate for educating underserved communities about blockchain's potential, Sophia Patel uses her expertise in digital marketing and content creation to provide valuable insights into the world of crypto trading, USDT, and the finance sector, helping further the understanding and adoption of blockchain technology.
