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Tether CEO: 40% on-chain fees are used to send USDT

Odaily News Stablecoin issuer Tether’s CEO Paolo Ardoino stated on the X platform that 40% of on-chain fees are used to send USDT, including Ethereum, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, and Optimism. Hundreds of millions of people in emerging markets use Tether’s digital dollar USDt daily to protect their families from local inflation and currency devaluation.

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