Tether USDt emerged as the leading currency for salary payments and savings on the European crypto banking platform Brighty in 2024, accounting for 85% of all crypto deposits. According to Brighty’s report, USDt was also the second-largest savings asset after the euro, making up 33% of all business-to-customer savings. Notably, USDT issued on the Tron blockchain dominated, representing over 60% of overall USDT transactions due to lower transaction fees compared to Ethereum-based USDT. In contrast, USD Coin and Bitcoin each accounted for only 5% of B2C deposits. Brighty, which aims to obtain a MiCA license for compliance, anticipates challenges transitioning to USDC following Circle’s licensing. Users may need time to adjust to potential regulatory changes that could impact USDT's dominance, according to Brighty’s co-founder.

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