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$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
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The world’s leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on April 19th. This makes TON the 11th blockchain to host Tether, expanding its reach and offering new options for users.
The collaboration between the two, announced at the Token2049 conference in Dubai, also saw the launch of Tether Gold (XAUT) on TON. This gold-pegged stablecoin offers users additional diversification options.
Tether CEO Paolo Ardoino expressed optimism about the partnership, calling it a “great start” with $35 million issued initially.
Already 35M USDt issued on TON.
Great start!
— Paolo Ardoino
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