Binance; USDT and Toncoin Join Forces – What’s Next?

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Binance has integrated Tether (USDT) with the Toncoin network. Despite this update, the price of TON has dropped in the charts.

Binance has announced that Tether (USDT) is now integrated on the Toncoin (TON) network. This means users can deposit and withdraw USDT directly on the Telegram-associated blockchain, which is known for its fast transaction speeds and low fees.

This integration marks a strategic victory for both Binance and Toncoin. Binance enhances its multi-chain capabilities by integrating the world’s leading stablecoin, USDT.

USDT’s stability and extensive liquidity, backed by its status as the largest stablecoin by market capitalization, add significant value to the TON network.

Users can now benefit from TON’s advantages while enjoying seamless transactions and the asset management features of USDT.

Moreover, Binance’s initiative aligns with its commitment to nurturing a diverse blockchain ecosystem. By integrating TON, Binance empowers users with a broader array of options for managing their digital assets.

To ensure a smooth transition, Binance has provided dedicated deposit addresses and smart contract details for USDT on TON.

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