Tether Sets Record for Transactions on Ethereum Virtual Machine Chain, Tron Chain Becomes Main Transfer Platform
Publication Time:2024-08-04 12:21:07
The latest data reveals that weekly transaction activity involving Tether (USDT) on the Ethereum Virtual Machine (EVM) chain reached unprecedented levels of 18 million, highlighting its activity and influence in the cryptocurrency market. Among these transactions, Tron Chain took the lead, attracting nearly three-quarters of the traffic, indicating that this blockchain network has become the preferred platform for users to conduct transfer transactions. This phenomenon not only reflects the importance of Tether as a stablecoin within the cryptocurrency ecosystem, but also highlights the efficiency and stability of the Tron Chain in handling large-scale transactions. As the cryptocurrency market continues to develop and user needs diversify, such transaction dynamics will continue to attract attention from both within and outside the industry.
USDT
Tether
transactions
Ethereum Virtual Machine
Tron Chain
EVM Chain
Transfer Platform