Bitcoin Stopped at $67K, Toncoin's Freefall Continues With 10% Drop (Market Watch)
TON has been in a state of a freefall after the recent partnership with Tether.
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TON has been in a state of a freefall after the recent partnership with Tether.
Bitcoin and altcoins have turned bullish following the BTC supply halving. Are new all-time highs in the making?
Stablecoin issuer Tether has expanded to The Open Network with its USDT and gold-backed XAUT tokens, aiming to enhance liquidity.
Tether (USDT), the world's largest stablecoin, has made a quick start on The Open Network (TON), with $60 million worth of USDT already issued on the blockchain.
Last week at the Token2049 crypto conference in Dubai, Tether unveiled its partnership with the TON Foundation, enabling Tether to mint USDT on the TON blockchain.
Tether's issuance of $60 million USDT and the launch of Tether Gold on the TON blockchain aims to boost peer-to-peer payments and benefit the rapidly growing TON ecosystem
This collaboration enables instant, free cross-border payments as easy as texting for Telegram's 900 million users. It transforms the way financial transactions are conducted globally.
In a groundbreaking move that could reshape the landscape of cryptocurrency, Tether, the foremost provider of stablecoins, has unveiled its latest venture: a partnership with the TON Foundation. This collaboration sees the launch of $60 million worth of USDT on the TON blockchain, marking a significant milestone in the expansion of Tether's influence within the digital asset space.
Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether.
Tether CEO further explained that expanding USDT and XAUT on The Open Network will help in the improvement of decentralized applications across different sectors.
Tether announced the collaboration with the TON Foundation just two days earlier at Token 2049 event in Dubai, with $60 million of USDT now issued on the blockchain.
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among USDT users on TON to incentivize its adoption in the ecosystem.
Bitcoin witnesses massive drop after halving; Hong Kong approves launch of spot Bitcoin (BTC) and Ethereum (ETH) ETFs; TON takes the spotlight amid impressive growth and more top headlines from last week.
Amidst the fervor of an ever-evolving digital landscape, Tether's decision to integrate its USDT and gold-backed XAUT stablecoins onto the TON Network underscores a commitment to fostering financial accessibility and stability worldwide. Spearheaded by CEO Pailo Ardoino, this bold venture aims to transcend traditional boundaries, ushering in a new era of financial inclusivity.
The cryptocurrency landscape is evolving rapidly, especially following the recent Bitcoin halving on April 19th. Among the myriad of digital currencies, Toncoin (TON), Shiba Inu Coin (SHIB), and XRP stand out as the top three altcoins with the potential for massive gains.
While most would expect TON to profit on the charts, that hasn't been the case.
Tether, the company behind the $108 billion market cap USDT, has expanded its offerings on Telegram's The Open Network (TON), introducing its U.S. dollar-pegged USDT and the gold-pegged Tether Gold (XAUT) stablecoins.
Stablecoin issuer Tether (USDT) is launching its dollar-pegged asset over The Open Network (TON), giving it access to the user base of the popular messaging platform Telegram.
Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT.
Tether (USDT) is now live on The Open Network (TON) blockchain, the network powered by the cryptocurrency Toncoin (TON). Telegram's founder & CEO Pavel Durov, Tether CEO Paolo Ardoino and The Open Platform CEO Andrew Rogozov announced the news at Token2049 Dubai on Friday, April 19.
Bitcoin remains stuck inside a range after traders aggressively purchased the dip, indicating solid demand at lower levels.
Tether (CRYPTO: USDT) has officially been issued on the TON (CRYPTO: TON) blockchain. What Happened: This announcement was made by Tether CEO Paolo Ardoino at Token2049 in Dubai, marking a pivotal moment for both organizations involved.
Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours. Tether Expands Reach To 15 Blockchains On Friday, Tether announced the launch of its USDT dollar-pegged token and Tether Gold (XAUT), a gold-backed digital token, on The Open Network.
The TON Foundation team announced the launch of an incentive program dedicated to cooperation with Tether.