USDT Takes the TON Train: $10M Minted in Telegram's Network.

Tether, the world's largest stablecoin issuer, has expanded its presence by launching its USDT stablecoin on the TON (The Open Network) blockchain. This significant move, announced at TOKEN2049, aims to enhance global payment solutions within Telegram's Web3 ecosystem. The launch, which saw an initial minting of $10 million USDT, took place on April 19th, marking a strategic partnership between Tether and Telegram. This development is expected to boost peer-to-peer payments on the Telegram messenger and further solidify Tether's position in the stablecoin market.

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