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.
$60 million worth of Tether (USDT) has already been issued on The Open Network (TON) since its it began supporting the blockchain on April 19, making it the 11th largest blockchain for Tether out of 16.
On April 19, the stablecoin issuer announced a collaboration with the TON Foundation at the Token2049 crypto conference in Dubai that would see Tether begin to be minted on TON.
The firm also revealed it has launched the gold-pegged Tether Gold (XAUT) stablecoin on TON as well.
