Tether expands its self-built ecosystem: launches zero-fee Plasma chain and institutional-grade Stable chain, aiming for an annual revenue of $1 billion.

2025-06-20 10:20:33

[Coin World] Tether has launched the Plasma chain and Stable chain to address the imbalance in value capture. The Plasma chain supports zero-fee transfers of USDT, is compatible with EVM, and introduces native privacy and Bitcoin liquidity, with an expected annual revenue exceeding $1 billion, increasing Tether’s profits by 15%-20%. Meanwhile, the institution-focused Stable chain specializes in bulk settlement and corporate settlements, supporting USDT as gas fees, aiming to serve global financial institutions and enterprises. Tether also plans to issue localized payment stablecoins in the United States to build a complete ecosystem, control on-chain USD liquidity, and challenge the fee revenue of TRON and Ethereum. Currently, USDT’s transfer volume and gas consumption on TRON account for over 98% of the public chain, with TRON’s daily on-chain revenue exceeding $2.1 million.

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