Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain

A third-party token-creation application has emerged as one of the digital asset industry’s largest fee generators, driven by active retail trading on Robinhood Markets’ newly launched blockchain network.

According to a Thursday (Sept. 3) report by CoinDesk, users paid about $5.95 million in fees over a 24-hour period to create and trade tokens through Pons, an […] The post Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain appeared first on PYMNTS.com.