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Tether Launches on TON Blockchain with USDT, XAUT


by Forkast
Tether Launches on TON Blockchain with USDT, XAUT

Tether, the creator of the popular USDT stablecoin, has initiated the integration of its U.S. dollar-backed token and its gold-backed token, XAUT, onto The Open Network (TON) blockchain.

This move is designed to improve transactions and increase liquidity on the TON platform.

TON is a blockchain that has recently enjoyed the spotlight due to Telegram’s revenue-sharing initiatives.

The deployment of Tether’s stablecoins on TON is set to boost the blockchain’s functionality, especially for decentralized applications in industries like payments and gaming.

TON’s native cryptocurrency, Toncoin, has reached a market capitalization of US$21.4 billion, placing it tenth among cryptocurrencies, according to CoinGecko data.

USDT’s circulating supply of almost 110 billion makes it the largest stablecoin in the world and the third-largest cryptocurrency.

Read the article at Forkast

Read More

Latam Insights: Stablecoins Grow In Venezuela, El Salvador Moves Bitcoin

Latam Insights: Stablecoins Grow In Venezuela, El Salvador Moves Bitcoin

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin ...
HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise Stakes

HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise Stakes

The HKMA has received 77 expressions of interest for stablecoin licences from banking...

Tether Launches on TON Blockchain with USDT, XAUT


by Forkast
Tether Launches on TON Blockchain with USDT, XAUT

Tether, the creator of the popular USDT stablecoin, has initiated the integration of its U.S. dollar-backed token and its gold-backed token, XAUT, onto The Open Network (TON) blockchain.

This move is designed to improve transactions and increase liquidity on the TON platform.

TON is a blockchain that has recently enjoyed the spotlight due to Telegram’s revenue-sharing initiatives.

The deployment of Tether’s stablecoins on TON is set to boost the blockchain’s functionality, especially for decentralized applications in industries like payments and gaming.

TON’s native cryptocurrency, Toncoin, has reached a market capitalization of US$21.4 billion, placing it tenth among cryptocurrencies, according to CoinGecko data.

USDT’s circulating supply of almost 110 billion makes it the largest stablecoin in the world and the third-largest cryptocurrency.

Read the article at Forkast

Read More

Latam Insights: Stablecoins Grow In Venezuela, El Salvador Moves Bitcoin

Latam Insights: Stablecoins Grow In Venezuela, El Salvador Moves Bitcoin

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin ...
HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise Stakes

HKMA’s Stablecoin Regime Attracts 77 Inquiries – Limited Early Licenses Raise Stakes

The HKMA has received 77 expressions of interest for stablecoin licences from banking...