# Tether ## See also - [[USDT-Tron]] ### Migration of [[Tether|USDT]] from Omni ([[Bitcoin|BTC]]) to [[Ethereum]] to [[Tron]] [Tweet](https://twitter.com/nic__carter/status/1397260602041589768?s=20) by [[Nic Carter]] Chart by [[Coin Metrics]]: https://charts.coinmetrics.io/network-data/#1261 tether's journey across blockchains is quite fascinating from Omni (BTC), to ERC20, to Tron. Tron firmly in charge from a tx count perspective now ![[Pasted image 20220102045413.png]] ### [[Joe Weisenthal]] [Tweet](https://twitter.com/TheStalwart/status/1397260743632986121?s=20): It's because it's the cheapest Is that basically cause it's the cheapest/fastest transaction blockchain for moving between exchanges? ### [[Nic Carter]] [Tweet](https://twitter.com/nic__carter/status/1397261386129022986?s=20): [[USDT-Tron]] txns are typically much smaller than [[USDT-ERC20]] fees definitely have a lot to do with it. USDT tron txns are typically much smaller than USDT eth. ![[Pasted image 20220102050346.png]] ![[Pasted image 20220102050356.png]] #### [[@arbedout]] [Tweet](https://twitter.com/arbedout/status/1397262035117912068?s=20): Example of congestion fees great real-world illustration of congestion fees serving as a sort of "subsidy" for switching costs - the pain and hassle of moving over to a new chain is dwarfed by how much cheaper and faster transactions suddenly become ### [[loomdart]] [Tweet](https://twitter.com/loomdart/status/1397260932020162561?s=20): Non-crypto natives don't care about the underlying blockchain, just want the quickest and cheapest transfers I think tether has transcended crypto, and thats why so much of it is on trx Non crypto natives using it don't care about underlying blockchain, just want quickest and cheapest transfers ### [[Nic Carter]] [Tweet](https://twitter.com/nic__carter/status/1397264902209871876?s=20): Useful as currency substitution in emerging markets with unstable currencies Also [useful for] regular folks in emerging markets with unstable currencies engaging in currency substitution to USD.