#Tether expands its reach by integrating USDT and XAUT into Telegram's TON network for global payments.
A recent collaboration between Tether and Telegram's Open Network brings forth the USDT stablecoin and Tether Gold (XAUT), both gold-backed.
Keynote speakers at Dubai's Token2049 event, Tether CEO Paolo Ardoino and Telegram's Pavel Durov, unveiled this partnership.
This move introduces Tether's stablecoins to the TON blockchain, embedding them within Telegram's expanding ecosystem.
TON now ranks as the ninth largest blockchain by market value, surpassing Dogecoin. Paolo Ardoino sees this as a stride toward Tether's vision of a decentralized global financial system, promising improved transaction ease and liquidity.
Jack Booth of the TON Foundation underscores how Tether's stablecoins can revolutionize international money transfers, bridging fiat and crypto.
With over 900 million users, Telegram's integration of Tether hints at a potential shift in international payment norms.
Previously, Telegram users relied on external services to acquire USDT. However, with this initiative, USDT on TON gains an additional transaction avenue beyond Tron.
Tether's unveiling of four new business divisions—Tether Data, Tether Finance, Tether Power, and Tether Edu—alongside the stablecoin launch aims to expand its presence in digital currency, education, renewable energy, and technology sectors.
This marks another milestone in Tether's journey toward enhancing the practicality and versatility of digital currencies for everyday financial use, aspiring to blend blockchain's benefits with traditional banking.
In the lead-up to this, Tether introduced a feature enabling USDT movement across various blockchains, enhancing functionality and user flexibility.
Tether's recent innovations and strategic alliances drive forward the integration of blockchain technology into mainstream financial operations, promising a more equitable and efficient digital economy.
#TetherOnTON #TetherUSD #Ton #writetoearn

The Bitcoin halving has officially completed 840000 blocks as of 7:09 AM on April 20th, 2024. However, the market remains calm. It seems that this halving might not have the expected impact, indicating a significant demand for Bitcoin. Even the big players, like whales or sharks, are holding onto their Bitcoin, waiting to see how the market reacts. Breaking the resistance at 60k might be tough as the price keeps rising without the expected dips. So, let's continue the adventure, aiming for new targets and plans! Follow me for more updates on #bitcoinhalving #memecoins #BullorBear" #write2earn🌐💹

🌟 Bitcoin Halving Insights:
🕒 The fourth-ever Bitcoin halving just occurred at the 840,000th block, a significant event in BTC's economic mechanism.
📉 Bitcoin's ticker is currently down to $63,900 following the halving, reflecting market dynamics.
💡 Halving reduces block rewards from 6.25 BTC to 3.125 BTC, effectively halving Bitcoin's issuance rate, creating scarcity and impacting its value.
💰 Karim Chaib, CEO of Dopamine App, emphasizes the halving's role in underscoring Bitcoin's scarcity and market valuation.
💻 Bitcoin's halving is hard-coded into its codebase, occurring roughly every four years after every 210,000 blocks mined.
💥 This scarcity makes Bitcoin unique compared to traditional assets like gold, ensuring its inflation-proof nature with a capped supply of 21 million coins.
🏆 Jonas Simanavicius from Syntropy sees Bitcoin as the first reliable alternative to gold, with its deflationary design and halving mechanism.
💸 Bitcoin has outperformed gold in recent years, rising 122% compared to gold's 19% increase, highlighting its potential as a store of value asset.
💎 As the digital age seeks more liquid assets, Bitcoin's features like decentralization and immediate transactability position it favorably for future growth.
#bitcoinhalvingn #Megadrop #token2049dubai #Halving