{"id":1685,"date":"2020-08-28T09:59:05","date_gmt":"2020-08-28T09:59:05","guid":{"rendered":"https:\/\/cryptosfundtrading.com\/uncategorized\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/"},"modified":"2021-05-19T09:35:46","modified_gmt":"2021-05-19T07:35:46","slug":"tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value","status":"publish","type":"post","link":"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/","title":{"rendered":"Tether\u2019s USDT Surpasses Bitcoin and PayPal\u2019s Average Daily Transfer Value"},"content":{"rendered":"<p>Tether\u2019s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research.<br \/>\nA report published by\u00a0<a href=\"https:\/\/coinmetrics.substack.com\/p\/coin-metrics-state-of-the-network-213\" target=\"_blank\" rel=\"noreferrer noopener\">CoinMetrics\u00a0<\/a>details that after \u201cmonths of rapid growth\u201d Tether\u2019s 7-day average adjusted transfer value flipped bitcoin\u2019s. The stablecoin\u2019s average transfer value surpassed $3.5 billion on August 20, while bitcoin\u2019s average transfer value was $2.94 billion.<br \/>\nPer the firm, the milestone is significant at a time in which Tether continues to \u201ctake more and more of the market share of on-chain transfers.\u201d It\u2019s worth noting Tether\u2019s USDT token is available on eight blockchains, including Omni, Ethereum, EOS, TRON, OMG, BCH, and Algorand.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2020\/08\/tether-vs-btc.png\" alt=\"tether vs btc\" sizes=\"(max-width: 1200px) 100vw, 1200px\" srcset=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2020\/08\/tether-vs-btc-1x1.png 1w, https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2020\/08\/tether-vs-btc-450x271.png 450w, https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2020\/08\/dHjlj5qC-tether-vs-btc-768x463.png 768w, https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2020\/08\/tether-vs-btc.png 1200w\" alt=\"\" \/><figcaption>Soure: CoinMetrics<\/figcaption><\/figure>\n<p>Demand for the USDT stablecoin has been rapidly growing this year, so much so its supply has grown\u00a0<a href=\"https:\/\/wallet.tether.to\/transparency?__cf_chl_jschl_tk__=62294caeadd4f79fabbd817d618303bf37195ff7-1598439854-0-ASDJXCVGcsn6FriAe9FLpzhpkLyxAkyT_GumZz_5Heo2OR5eBSqvuEea7j47V0QgbXrLKN4Hft3gvELiY11yy2Ea-Y7F7lwYKKe8utD4BH7oduTcxhyIvAmrzOZYll0Ani3t3uHqWoq79r6PfhsRQI7RDvq6yQ94bhiEKNWsHjb6iqw4_cch9VOZ-f3MzjU2AM1Cj1B0njvs7Ut-pb9EzvYa3RkoqeMWhRIslZCg4OLhw133ER1WqEQX4NY8bqFT5Iq5-bCSp0Cous1_Jv-pTbYrmAAdggs1PM30pkI7x2yj\" target=\"_blank\" rel=\"noreferrer noopener\">past the $13 billion mark<\/a>, up from little over $4 billion at the beginning of the year. USDT transactions on the Ethereum network surged thanks to the growth of decentralized finance, to the point\u00a0<a href=\"https:\/\/www.cryptoglobe.com\/latest\/2020\/08\/omg-ethereum-layer-2-solution-omg-network-now-supports-tether-usdt-transactions\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tether launched USDT on the OMG Network<\/a>, an Ethereum layer-two scaling solution.<br \/>\nOn social media economist John Paul Koning pointed out that PayPal\u2019s Q2 report shows the daily average transfer value of the online payment\u2019s giant was $2.94 billion a day, below Tether\u2019s $3.55 billion.<\/p>\n<figure>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mock.solutions\/clients\/a7WON9Di4Ieg\/wp-content\/uploads\/2020\/08\/Screen-Shot-2020-08-28-at-11.52.45-AM-331x250.png\" alt=\"John Paul on Social Media\" width=\"331\" height=\"250\" \/><br \/>\n<\/figure>\n<p>Responding to his tweet some users pointed out the comparison isn\u2019t fair, as PayPal\u2019s activity is actively monitored, whereas only cryptocurrency exchanges screen transactions made using the USDT stablecoin.<br \/>\nTether\u2019s growth and use may also be attributed to other factors, including its potential of being an on-ramp in the cryptocurrency space: as it\u2019s a stablecoin, its value doesn\u2019t fluctuate like that of BTC or ETH. The firm has published on social media that the COVID-10 pandemic and the subsequent economic crisis, the \u201cutility, security and viability of digital currencies have come to the forefront.\u201d<br \/>\nPer Tether, people are \u201clooking for alternatives to antiquated banking and payment systems.\u201d<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mock.solutions\/clients\/a7WON9Di4Ieg\/wp-content\/uploads\/2020\/08\/Screen-Shot-2020-08-28-at-11.52.28-AM-400x208.png\" alt=\"Thether on Social Media\" width=\"400\" height=\"208\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tether\u2019s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research. A report published by\u00a0CoinMetrics\u00a0details that after \u201cmonths of rapid growth\u201d Tether\u2019s 7-day average adjusted transfer value flipped bitcoin\u2019s. The stablecoin\u2019s average transfer value surpassed $3.5 billion on August 20, while bitcoin\u2019s [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,12],"tags":[13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,54,55,56,57],"class_list":["post-1685","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-chart-analysis","category-update","tag-bitcoin","tag-bitcoinmining","tag-bitcoinnews","tag-bitcoins","tag-bitcointrading","tag-coinbase","tag-crypto","tag-cryptocurrencies","tag-cryptocurrency","tag-cryptocurrencyattorney","tag-cryptocurrencycommunity","tag-cryptocurrencycompany","tag-cryptocurrencyconsultant","tag-cryptocurrencydon","tag-cryptocurrencyeducation","tag-cryptocurrencyheadlines","tag-cryptocurrencylifeinvest","tag-cryptocurrencymessenger","tag-cryptocurrencynews","tag-cryptocurrencyopportunity","tag-cryptocurrencysignals","tag-cryptomarket","tag-cryptomining","tag-cryptonews","tag-cryptos","tag-cryptotrading","tag-cryptoworld","tag-paypal","tag-stablecoin","tag-tether","tag-usdt","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tether\u2019s USDT Surpasses Bitcoin and PayPal\u2019s Average Daily Transfer Value - Cryptos Fund Trading<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tether\u2019s USDT Surpasses Bitcoin and PayPal\u2019s Average Daily Transfer Value - Cryptos Fund Trading\" \/>\n<meta property=\"og:description\" content=\"Tether\u2019s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research. A report published by\u00a0CoinMetrics\u00a0details that after \u201cmonths of rapid growth\u201d Tether\u2019s 7-day average adjusted transfer value flipped bitcoin\u2019s. The stablecoin\u2019s average transfer value surpassed $3.5 billion on August 20, while bitcoin\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptos Fund Trading\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-28T09:59:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-19T07:35:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptosfundtrading.com\/wp-content\/uploads\/2023\/02\/LOGO_CFT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"manuelmoinard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"manuelmoinard\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\"},\"author\":{\"name\":\"manuelmoinard\",\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/#\/schema\/person\/c7524cbcf64c2ce24413e8adcf204811\"},\"headline\":\"Tether\u2019s USDT Surpasses Bitcoin and PayPal\u2019s Average Daily Transfer Value\",\"datePublished\":\"2020-08-28T09:59:05+00:00\",\"dateModified\":\"2021-05-19T07:35:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\"},\"wordCount\":335,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"bitcoin\",\"bitcoinmining\",\"bitcoinnews\",\"bitcoins\",\"bitcointrading\",\"coinbase\",\"crypto\",\"cryptocurrencies\",\"cryptocurrency\",\"cryptocurrencyattorney\",\"cryptocurrencycommunity\",\"cryptocurrencycompany\",\"cryptocurrencyconsultant\",\"cryptocurrencydon\",\"cryptocurrencyeducation\",\"cryptocurrencyheadlines\",\"cryptocurrencylifeinvest\",\"cryptocurrencymessenger\",\"cryptocurrencynews\",\"cryptocurrencyopportunity\",\"cryptocurrencysignals\",\"cryptomarket\",\"cryptomining\",\"cryptonews\",\"cryptos\",\"cryptotrading\",\"cryptoworld\",\"PayPal\",\"Stablecoin\",\"Tether\",\"USDT\"],\"articleSection\":[\"chart Analysis\",\"Update\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\",\"url\":\"https:\/\/cryptosfundtrading.com\/fr\/tethers-usdt-surpasses-bitcoin-and-paypals-average-daily-transfer-value\/\",\"name\":\"Tether\u2019s USDT Surpasses Bitcoin and PayPal\u2019s Average Daily Transfer Value - 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