@hongqigong
Tether (USDT) plays a pivotal role in digital dollarization in emerging markets, serving as a stable USD substitute amid hyperinflation and currency instability in countries like Argentina, Venezuela, Turkey, and Nigeria. It enables savings, remittances, and daily transactions, reinforcing USD hegemony with over 450 million users, mostly in developing regions.
On-chain transfer volumes underscore this: USDT processed monthly transfers exceeding $700 billion in 2025, peaking at $1 trillion in June, with Tron dominating (daily averages ~$20-23 billion) due to low fees. Small payments (<$1,000) totaled $156 billion annually, highlighting retail adoption in emerging economies.