Ethereum Sees Record-Breaking USDT Outflows Amid Fee Compression
Ethereum saw significant outflows of USDT in Q1 2026, with over $7 billion leaving the network. This is according to a recent report from KuCoin.
At the same time, weekly stablecoin transfer volume plummeted by 42.6%, indicating that fee compression may be intensifying. The report also notes that this development is not necessarily reflective of KuCoin's views or opinions.