
Tether [USDT] Trading Volume on Chinese Exchanges Surpasses Western and Global Volumes
On-chain data reveals that Tether (USDT) has seen the highest demand ever in 2019 in terms of transaction volume. However, 60% of these transactions come from China alone, according to data from Chainalysis. This number is nearly double the on-chain transactions from China in 2018 during the Bear market and is still on the rise.
On-chain data reveals that Tether (USDT) has seen the highest demand ever in 2019 in terms of transaction volume. However, 60% of these transactions come from China alone, according to data from Chainalysis. This number is nearly double the on-chain transactions from China in 2018 during the Bear market and is still on the rise.