āļø Tether is collaborating with the TON Foundation and Oobit to develop a solution for cryptocurrency payments.
š¢ Tether has announced a partnership with the TON Foundation and the mobile payment app Oobit to create a seamless cryptocurrency payment solution.
š£ "We are excited to collaborate with Oobit and the TON Foundation to expand Tether's capabilities and promote the adoption of cryptocurrency payments. This partnership underscores our commitment to innovation and accessibility in this space," said Tether.
š As part of the collaboration, Oobit is set to offer a convenient and seamless cryptocurrency service called Tap & Pay. It is noted that merchants will receive fiat currency even if the payment is made in $USDT.
š Reminder that previously as part of this initiative, Tether launched the $USDT stablecoin on the TON blockchain to ensure a fast, secure, and economically efficient process.
ā Currently, the price of $TON is $6.70, while $OBT is trading at $0.04.
