USDT supply on the Ethereum chain reaches $80 billion, regaining its dominant position
Jinse Finance reported that Ethereum has regained its position as the main network for USDT supply, with a supply scale reaching 80 billion dollars, surpassing Tron after falling behind in early March. Ethereum's resurgence indicates that, compared to Tron's lower transaction costs, users value its mature DeFi ecosystem and institutional-grade infrastructure more. Currently, the daily stablecoin transfer volume on Ethereum has approached 1 million transactions, which not only shows a considerable static holding of USDT, but also reflects its active application in the fields of payment and settlement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Bowman: AI Brings Both Opportunities and Risks to the Banking Industry, Fed Urges Strengthening of System Security Protections
Federal Reserve Vice Chair for Supervision, Bowman, warned that AI has a dual impact on the banking industry, serving both as a defensive tool and introducing new emerging risks. She urged banks to strengthen basic cybersecurity measures, including updating asset inventories, deploying multi-factor authentication, and improving vulnerability management. Bowman also stated that regulators will continue to adjust their examination approaches, implementing differentiated supervision for community banks instead of imposing blanket mandatory requirements.
FingerMotion to Buy Newbit Technology for $2.3 Million
BUZZ - Pyxis Oncology shares decline after launching equity financing
VTV ETF Declines 0.2%
Crypto prices
More
