Tether USDT Drives 40% of Blockchain Transaction Fees Amid $104.1 Billion Supply Growth

– Tether’s USDT now accounts for 40% of blockchain transaction fees across nine major networks, per CEO Paolo Ardoino.

– Its $104.1B supply by early 2025 solidifies USDT as a leading stablecoin, driving on-chain activity on Ethereum, Tron, and Solana.

– Tether reported $5.7B in H1 2025 profits and holds $98B in U.S. Treasury bills, influencing macroeconomic factors like Treasury yields.

– Despite regulatory scrutiny over reserve transparency, Tether plans a zero-fee Plasma blockchain to expand USDT’s utility and control infrastructure.