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

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025

    • You need to login to comment.