Express

The Amount Of Tether Transferred On Ethereum Hit 300 Billion

Emily Mason

Summary: On Wednesday, June 17 the amount of Tether (USTD) transferred on Ethereum hit 300 billion, recent data from glassnode shows. In 2020 USDT on-chain volume has increased by 170 billion. Tether usage on the chain has been linked to network congestion, meaning continued increase could lead to slower transaction times.  By Emily Mason

On Wednesday, June 17 the amount of Tether (USTD) transferred on Ethereum hit 300 billion, recent data from glassnode shows.

In 2020 USDT on-chain volume has increased by 170 billion. Tether usage on the chain has been linked to network congestion, meaning continued increase could lead to slower transaction times. 

By Emily Mason

Last Update:

Tags: ,,
Link: The Amount Of Tether Transferred On Ethereum Hit 300 Billion   [Copy]
Next:

Related Articles

  • The Road to 2026: Where Is the Web3 Ecosystem Heading Next? 11 days ago
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 26 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program November 17, 2025
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025

    • You need to login to comment.