According to the IntoTheBlock platform, the number of weekly transactions using the Tether (USDT) stablecoin on EVM-enabled networks exceeded 18 million, setting an all-time record. Notably, 78% of these transfers were made on the Tron blockchain, confirming its popularity among users.

Analysis of the current situation shows that the high activity of USDT transactions has a significant impact on the dynamics of the cryptocurrency market. The increased demand for stablecoins reflects investors' desire to preserve capital in volatile conditions. This trend is particularly noticeable against the backdrop of recent bitcoin (BTC) price fluctuations.

A graph presented by IntoTheBlock shows the correlation between the number of USDT transactions and the value of BTC. The increase in the number of transfers against the backdrop of bitcoin price changes indicates the active use of Tether to hedge risks and manage capital during periods of volatility.

The popularity of the Tron network for USDT transactions is due to its technical advantages such as high speed and low fees. This makes Tron the preferred platform for transferring stable coins, indicating that users are choosing the most efficient and cost-effective ways to manage their funds.

The activity of USDT transactions also serves as an indicator of the general state of the cryptocurrency market. High frequency of transactions indicates significant liquidity and activity of traders, which can positively affect the stability and development of the entire sector.

Experts emphasize that further growth in the number of transactions involving USDT and other stablecoins may increase confidence in cryptocurrencies as a means of preserving value and payments. In times of economic uncertainty, stablecoins are becoming an important tool for saving capital, providing safe harbors for investors.

Current observations confirm that stablecoins play an important role in the cryptocurrency ecosystem by facilitating liquidity and market stability, which is especially important during periods of increased volatility.