Tether Makes Waves on TON Network with Seamless Payments Guaranteed
- Tether’s rapid expansion onto the TON network signifies enhanced accessibility and diversification for cryptocurrency users.
- Integration enables Telegram users to conduct fee-free cross-border payments as easily as sending messages.
- Seamless integration with fiat currencies empowers users with easy conversion and withdrawal capabilities.
Tether, the renowned stablecoin issuer, has rapidly expanded its footprint into The Open Network (TON), issuing a substantial $60 million worth of USDT since its integration on April 19. This move marks TON as the eleventh blockchain platform to host Tether, facilitating wider accessibility and fresh opportunities for cryptocurrency users.
The collaboration between Tether and TON, announced at the Token2049 conference in Dubai, also heralded the debut of Tether Gold (XAUT) on the TON network. This gold-backed stablecoin presents users with additional diversification avenues within the crypto sphere.
Paolo Ardoino, CEO of Tether, expressed optimism regarding this partnership, hailing it as a “great start” with an initial issuance of $35 million. Remarkably, within two days, this figure has surged to $60 million, as confirme…
The post Tether Makes Waves on TON Network with Seamless Payments Guaranteed appeared first on Coin Edition.
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Tether Makes Waves on TON Network with Seamless Payments Guaranteed
- Tether’s rapid expansion onto the TON network signifies enhanced accessibility and diversification for cryptocurrency users.
- Integration enables Telegram users to conduct fee-free cross-border payments as easily as sending messages.
- Seamless integration with fiat currencies empowers users with easy conversion and withdrawal capabilities.
Tether, the renowned stablecoin issuer, has rapidly expanded its footprint into The Open Network (TON), issuing a substantial $60 million worth of USDT since its integration on April 19. This move marks TON as the eleventh blockchain platform to host Tether, facilitating wider accessibility and fresh opportunities for cryptocurrency users.
The collaboration between Tether and TON, announced at the Token2049 conference in Dubai, also heralded the debut of Tether Gold (XAUT) on the TON network. This gold-backed stablecoin presents users with additional diversification avenues within the crypto sphere.
Paolo Ardoino, CEO of Tether, expressed optimism regarding this partnership, hailing it as a “great start” with an initial issuance of $35 million. Remarkably, within two days, this figure has surged to $60 million, as confirme…
The post Tether Makes Waves on TON Network with Seamless Payments Guaranteed appeared first on Coin Edition.
Read More