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Tether Launches USDT on TON Blockchain, Hits 41.5M Circulation in 3 Days

Apr 22, 2024, 03:20 AM

Tether has successfully integrated USDT on the TON blockchain, rapidly achieving a circulation of 41.5 million USDT within the first three days. This integration targets TON's extensive user base of 900 million Telegram users. The launch has been supported by various platforms, including Layerswap, which now facilitates USDT transfers to TON and has introduced a 'Refuel' option to ensure users have sufficient TON. Additionally, a new rewards program on the TON Wallet enables free USDT transfers and withdrawals on Telegram, offering a 50% APY for holding USDT.