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Tether Launches on TON Blockchain with USDT, XAUT


by Forkast
Tether Launches on TON Blockchain with USDT, XAUT

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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

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Tether Launches on TON Blockchain with USDT, XAUT


by Forkast
Tether Launches on TON Blockchain with USDT, XAUT

Share:

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

Share:

Share:

Read More

Oobit brings wallet-native crypto payments to the US

Oobit brings wallet-native crypto payments to the US

Oobit, the global crypto payments app backed by Tether, is formally launching in the ...
Massive 250 Million USDC Minted: What This Whale-Sized Move Means for Crypto

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