OAK Research: Stablecoin Issuer Revenue Beat Chain Fees 7.4 to 1 in Q3

Photo: Coinotag
OAK Research put Tether and Circle's Q3 revenue at $2.1 billion, 7.4 times all 13 chain fees. Here is what the gap means for Sui's fee economics.
Source: Coinotag
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Photo: Coinotag
OAK Research put Tether and Circle's Q3 revenue at $2.1 billion, 7.4 times all 13 chain fees. Here is what the gap means for Sui's fee economics.
Source: Coinotag