40% of the transaction fees of the nine major public chains are used for stablecoin transfers, with significant demand in emerging markets.

[Chain News] On August 5, news came that according to the CEO of a stablecoin company, approximately 40% of the blockchain transaction fees generated by nine public chains worldwide (ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon, Optimism) are used to pay for transfers of the company's stablecoin. It is said that hundreds of millions of emerging market users use this stablecoin daily to hedge against local currency inflation; in the future, chains that can use this stablecoin to pay for lower Gas fees will have a competitive advantage.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Share
Comment
0/400
GasBankruptervip
· 08-05 23:02
Stablecoins are going crazy, I can't handle the fees.
View OriginalReply0
MetaverseLandladyvip
· 08-05 16:29
Be Played for Suckers collection fee!
View OriginalReply0
GateUser-2fce706cvip
· 08-05 16:28
I said it earlier, stablecoins are the key to wealth! Grab the opportunity to enter a position, time waits for no one.
View OriginalReply0
RumbleValidatorvip
· 08-05 16:21
The efficiency of staking is productivity, the fluctuation of stablecoins is too large.
View OriginalReply0
MetaverseVagabondvip
· 08-05 16:14
40%? That's too much, isn't it? Ridiculous.
View OriginalReply0
FlashLoanLordvip
· 08-05 16:07
Chain Community is used by everyone
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)