Tether Enhances Ecosystem with USDT and XAUT Stablecoins on Telegram's TON Blockchain
Tether Expands Its Stablecoin Offering to Telegram's TON Blockchain
Tether introduces USDT and XAUT stablecoins to TON, a blockchain developed by Telegram, marking significant growth and utility enhancements in TON's ecosystem.
Tether's Transparency Page Shows TON Network
The development introduces USDT and XAUT to TON's ecosystem, with Tether having a total authorized amount of $10 million on the TON blockchain. TON, an independent layer-1 blockchain, has shown remarkable growth with a surge in active addresses.
The choice to host stablecoins on TON aligns with Telegram's operational shifts, with stablecoins like USDT and XAUT playing critical market roles in mitigating volatility in digital currencies.
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