Tether and Telegram’s Web3 ecosystem are coming closer together with USDT and XAUT launch on the TON blockchain.
Tether stablecoin operator is strengthening ties with Telegram’s Web3 ecosystem by launching its stablecoins like Tether (USDT) on The Open Network (TON).
Tether Operations announced on April 19 the launch of its U.S. dollar-pegged Tether USDT stablecoin and the gold-pegged Tether Gold (XAUT) stablecoin on the TON blockchain.
The announcement came in conjunction with Tether CEO Paolo Ardoino and Telegram founder Pavel Durov’s keynote speeches at the crypto event Token2049 in Dubai.