USDT activity on the Ethereum network has reached unprecedented levels, with transfer volume increasing by 400% since 2023, according to data from Token Terminal. This surge marks a significant milestone for the stablecoin, reflecting heightened demand and usage within the Ethereum ecosystem. The increase in USDT transfer volume underscores the growing reliance on stablecoins for transactions and liquidity in the crypto market. As USDT continues to dominate stablecoin usage, its expanded activity on Ethereum highlights the network's role as a critical infrastructure for digital asset transfers.
USDT Transfer Volume on Ethereum Hits All-Time High
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