PANews reported on May 16 that according to the official blog, Tether announced that it will work with the TON Foundation and Oobit to create a seamless crypto payment solution. This collaboration reaffirms Tether's commitment to providing a borderless financial system through decentralized technology solutions to support users in the rapidly developing digital financial world. To this end, Tether recently launched USDT and XAUT on TON to facilitate smooth transfers between users in the TON ecosystem, enabling a fast, secure and cost-effective process.