{"id":147332,"date":"2025-01-22T20:30:33","date_gmt":"2025-01-22T18:30:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147332"},"modified":"2025-01-22T17:44:52","modified_gmt":"2025-01-22T15:44:52","slug":"tethers-usdt-dominates-europes-crypto-banking-scene-in-2024","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tethers-usdt-dominates-europes-crypto-banking-scene-in-2024\/","title":{"rendered":"Tether\u2019s USDT Dominates Europe\u2019s Crypto Banking Scene in 2024"},"content":{"rendered":"

According to Brighty\u2019s report, USDT<\/a> <\/strong>accounted for 85% of all crypto deposits and ranked as the second most popular savings asset after the euro, reflecting its strong appeal among users.<\/p>\n

The Tron-based TRC-20 version of USDT stood out, driving over 60% of USDT transactions on the platform. Its lower transaction fees compared to the Ethereum-based ERC-20 version made it the preferred choice, with 70% of surveyed users citing cost efficiency as a key factor in their adoption of crypto for payments.<\/p>\n

Despite its popularity, USDT\u2019s dominance in Europe may face challenges under the Markets in Crypto-Assets (MiCA) regulatory framework.<\/p>\n