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    Author Topic: [UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets  (Read 2581 times)
    mk4 (OP)
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    November 13, 2022, 12:31:23 AM
     #81

    You forgot about the most popular network for Tether which is Tron. I have honestly never heard of anyone accepting USDT over Solana's blockchain, especially if we take into account that its network has a history of downtimes. The fees over Ethereum were often quite big, which caused people to migrate more and more towards Tron.

    o_e_l_e_o makes a good point. Holding USDT makes no sense if you have a way to swap your bitcoins for fiat.

    Solana actually has a more active blockchain in general compared to Tron despite the network downtimes. But yea, USDC is far more adopted than USDT on Solana. (source: Jupiter(Solana) and Sun.io(TRX) trading volumes)

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