May 26, 2020 $212 billion was settled on Tether in 2019.

The Block has released new research, detailing that $212 billion was settled via Tether in 2019, across its hosted blockchain platforms. While the amount of value settled increased quarter-over-quarter, the most substantial rise occurred in Q2 2019, from $17.4 billion to $55.7 billion, representing a 220% increase. Beyond this, the research highlights that Tether supply has significantly increased on Ethereum and Tron, in part at the expense of the Omni platform.