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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.

On 19 April 2024, the TON Foundation announced a announced a significant development in digital finance with the launch of USDt (Tether) on The Open Network (TON), which is integrated with the globally popular Telegram messaging service.

Shortly after Pavel Durov finished his speech at TOKEN2049 in Dubai, Toncoin (TON), a core cryptocurrency of Telegram messenger, ended its spectacular seven-week rally.

Tether expands stablecoin reach, bringing USDT and XAUT to the TON blockchain in another win for Telegram users.

TL;DR Tether Integration: Tether has launched its USDT and XAUT stablecoins on Telegram's TON blockchain, aiming to enhance liquidity and create a financial experience akin to traditional systems. Blockchain Expansion: With the addition of TON, Tether's stablecoins are now available on 15 blockchains, bolstering TON's position as the ninth-largest blockchain by market value.

TON, the native cryptocurrency of the Toncoin network, has been trading sideways for over a week amid the pre-halving consolidation in the market. While the formation of the short body candles with high weeks reflects no initiation from buyers or sellers, a long-coming support trendline assures the mid-term trend remains bullish on Toncoin.

Stablecoin issuer Tether confirmed to CryptoSlate its expansion of US dollar-backed USDT and gold-backed XAUT stablecoins onto The Open Network (TON) blockchain, according to an April 19 statement. The move aims to enhance the utilization of stablecoins for cross-border and peer-to-peer transactions among the 900 million users of the TON-related Telegram messaging application.

Tether expands onto the TON blockchain, introducing USDT and XAUT stablecoins.

Tether has allegedly minted $10 million in its largest stablecoin by market value on the TON blockchain in a move signaling potential expansion. Tether Holdings Ltd.

Tether launches USD and XAU on The Open Network, expanding its blockchain presence and enhancing P2P payments for Telegram users. The post Tether launches native USDT and XAUT stablecoins on TON's blockchain appeared first on Crypto Briefing.

Tether, the largest stablecoin company, on Friday expanded support for USDT stablecoin on the TON network, as per sources familiar with the matter. Moreover, Telegram CEO and Tether CEO made an official announcement of the issue of USDT on The Open Network (TON) blockchain during the TOKEN2049.

Tether launches USDT and XAUT stablecoins on TON blockchain, strengthening ties with Telegram's Web3 ecosystem and enhancing global payment capabilities.

The partnership with Tether is meant to rapidly expand TON's attractiveness to a broader audience of non-crypto savvy Telegram users.

The launch of USDT and XAUT on TON expands Tether's presence across the crypto sphere.

Tether has strategically expanded its stablecoin offerings to The Open Network (TON), a blockchain platform originally developed by Telegram.

Crypto venture capitalist Andrew Kang of Mechanism Capital predicts a surge in buying opportunities for several cryptocurrencies due to the expected approval of cryptocurrency ETFs globally among other factors. What Happened: Kang, in his latest tweet, expressed optimism about the near future of the crypto market.

Tether is expanding support for its USDT stablecoin and its gold-backed stablecoin XAUT to The Open Network (TON).

Tether and Telegram's Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain.

The TON network has seen rapid growth recently helped by incentives for onboarding Telegram users.

Originally scheduled for April 20 to align with the Bitcoin halving, the launch on The Open Network (TON) will now happen later than planned. Notcoin has captivated a substantial audience with its simple yet addictive gameplay.

Bitcoin price descends to new lows, dragging altcoins down with it just days before the long-awaited BTC supply halving.

While some blockchain advocates have supported the notion that cryptos are the new generation's safe-haven assets, this hypothesis is suffering a major challenge.

The crypto market has dropped to the lowest performance of 2024, where the global market cap has declined to the $2.29 trillion mark after suffering a dip of 4.59%. Compared to the few hours ago data, the market seems to have healed a little, as the global trading volume has surged $117.92 billion after a