According to Foresight News, Andrei Grachev, the co-founder of DWF Labs, has announced the deployment of 1.5 million USDT on the TON chain. Grachev made this announcement on platform X. He clarified that this move is not an investment but a strategy to increase the circulation supply of native USDT on the chain and to expand its scale as quickly as possible.
In a previous report by Foresight News, data from the Tether transparency page showed that the authorized supply of USDT issued on TON has increased to 60 million dollars. This recent deployment by DWF Labs is part of the ongoing efforts to increase the circulation of USDT on the TON chain.