Binance Square
LIVE
LIVE
davut1karabulut
--4.8k views
Tether Tokens Expand to The Open Network (TON). 💎🔥 Tether Operations Limited (Tether), a pioneering force in the digital token space, has recently launched its USDT and XAUT tokens on The Open Network (TON). This move marks a significant expansion, bringing Tether's presence to a total of 15 blockchains worldwide. TON, hailed as a decentralized alternative to the conventional internet, collaborates with Telegram, potentially offering over 900 million global users access to seamless, borderless peer-to-peer payments. The integration of USDT and XAUT on TON aims to facilitate effortless value transfer between users, enhancing the overall user experience and fostering increased activity and liquidity on the network. Paolo Ardoino, CEO at Tether, expressed his enthusiasm about the launch, emphasizing Tether's support for TON's vision of an open and decentralized internet alongside a borderless financial system. With USDT now live on 15 networks, including prominent platforms like Ethereum, Solana, and Tron, Tether's stablecoin asserts its position as the most widely adopted stablecoin globally. Having pioneered the concept in the digital token space, Tether continues to lead the way in innovation and accessibility. Tether is evolving its mission beyond its renowned USDT offering, striving to provide a range of infrastructure solutions for a more inclusive world. The establishment of four new business divisions within Tether signals a strategic shift towards this broader framework. In line with its commitment to promoting blockchain technologies and financial knowledge, Tether has forged strategic partnerships with Fuze and Coins.ph. These collaborations aim to elevate digital asset education in regions like Turkey, the Middle East, and the Philippines, empowering users with valuable financial knowledge. #TonNetwork #Toncoin #TON #tether #USDT

Tether Tokens Expand to The Open Network (TON). 💎🔥

Tether Operations Limited (Tether), a pioneering force in the digital token space, has recently launched its USDT and XAUT tokens on The Open Network (TON). This move marks a significant expansion, bringing Tether's presence to a total of 15 blockchains worldwide.

TON, hailed as a decentralized alternative to the conventional internet, collaborates with Telegram, potentially offering over 900 million global users access to seamless, borderless peer-to-peer payments. The integration of USDT and XAUT on TON aims to facilitate effortless value transfer between users, enhancing the overall user experience and fostering increased activity and liquidity on the network.

Paolo Ardoino, CEO at Tether, expressed his enthusiasm about the launch, emphasizing Tether's support for TON's vision of an open and decentralized internet alongside a borderless financial system.

With USDT now live on 15 networks, including prominent platforms like Ethereum, Solana, and Tron, Tether's stablecoin asserts its position as the most widely adopted stablecoin globally. Having pioneered the concept in the digital token space, Tether continues to lead the way in innovation and accessibility.

Tether is evolving its mission beyond its renowned USDT offering, striving to provide a range of infrastructure solutions for a more inclusive world. The establishment of four new business divisions within Tether signals a strategic shift towards this broader framework.

In line with its commitment to promoting blockchain technologies and financial knowledge, Tether has forged strategic partnerships with Fuze and Coins.ph. These collaborations aim to elevate digital asset education in regions like Turkey, the Middle East, and the Philippines, empowering users with valuable financial knowledge.

#TonNetwork #Toncoin #TON #tether #USDT

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 4
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@davut1karabulut

Explore More From Creator

--
Sei Network teams up with OpenSea to improve NFT trading. 🖼️🔥 Sei Network, a quickly growing layer one (L1) blockchain, has successfully partnered with OpenSea, a prominent NFT marketplace. This collaboration enables NFT holders on the Sei Network to engage in trading on OpenSea with minimal fees and swift transactions. The integration is designed to attract more web3 developers and content creators to Sei Network, especially as it transitions to the Sei V2 upgrade. With this integration, OpenSea users on the Sei Network can experience rapid transaction finality and high throughput, delivering a smooth, Web2-like user experience. Sei Network offers Solana-like performance within the Ethereum Virtual Machine (EVM) framework, ensuring efficient NFT transactions. Currently, Sei Network boasts nearly $22.3 million in total value locked (TVL) and a market capitalization of approximately $1.48 billion, placing it 65th in the cryptocurrency rankings. The NFT trading market has seen a decline in volumes over the past two years due to issues like fraud and scams. However, recent global crypto regulations are breathing new life into the industry. OpenSea, which has reported a cumulative NFT trading volume of $40 billion, had 284,000 monthly active users as of May 2024. This integration represents a pivotal step toward the mainstream adoption of digital assets. This collaboration highlights the ongoing growth and development of the NFT ecosystem, promising a strong future for digital asset trading on the Sei Network. #SEI #opensea #SeiNetwork $SEI #EVM #NFTMarketplace
--
US Treasury Department Warns About NFTs. 😱🇺🇲 The US Treasury Department has issued an important warning about the rapidly growing NFT market. The report, titled "Non-Fungible Token (NFT) Illicit Finance Risk Assessment," highlights various security vulnerabilities of NFTs and related platforms. NFTs can be used for illegal purposes such as money laundering, terrorist financing, and the financing of weapons proliferation. This potential makes NFTs attractive for illicit activities. NFTs are among the assets vulnerable to fraud and theft. This situation poses serious risks for both individual investors and platforms. Insufficient cybersecurity measures can leave NFT platforms vulnerable. These deficiencies can also bring about issues related to copyright and trademark protections. Many NFT firms and platforms lack adequate control mechanisms against risks such as money laundering and terrorist financing. This situation highlights the need for stricter supervision and regulations in the industry. The report emphasizes the need to increase awareness of current regulations and to implement more regulations. These steps are critical for making the NFT market safer. The private sector is urged to develop risk mitigation strategies to prevent illicit uses. This would be an important step in enhancing security in the sector. The US Treasury Department's assessment once again underscores its determination to analyze and prevent the illicit finance risks of new technologies. Although NFTs represent a rapidly growing market, such warnings highlight the importance of security and regulations in the industry. It is crucial for everyone involved in the NFT world or planning to enter this world to heed these warnings. Creating a secure market will be possible through the collective efforts of all stakeholders. #NFT​ #NFTs #usa #cybersecurity
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs