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The Number of USDT ERC-20 Transactions Surged by 450% in 2020

  • June 17, 2020

As of January 1, 2020, the number of daily USDT transactions on Ethereum was 49.5K, while, as of June 16, the number became 220.5K. This is the ≈ 450% increase since the beginning of the year.

As Cryptorank reported, Tether ERC-20 Total Supply has been experiencing printing boom for the whole year:

Jul 1, 2019 – $1.09B;
Jan 1, 2020 – $2.29B;
May 1 2020 – $5.62B.
June 17, 2020 – $5.73B.

Now you can check on-chain analytics on CryptoRank:
https://cryptorank.io/currencies/tether/on-chain-activity


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