Cryptocurrency Q&A Why does it cost so much to send USDT?

Why does it cost so much to send USDT?

benjamin_rose_author Thu Mar 28 2024 | 7 answers 1471

I'm a bit puzzled. Why does it cost so much to send USDT? It's just a digital currency, isn't it? Shouldn't the transaction fees be relatively low compared to traditional banking systems? I understand that there are network fees involved, but the prices I've seen for USDT transfers are significantly higher than what I would expect. Can you explain what's causing this? Why does it cost so much to send USDT?

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