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

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 6 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 12 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 15 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 16 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 19 days ago

    • You need to login to comment.