Tether, Oobit, and TON Foundation partner for enhanced cryptocurrency payment solutions

#Tether Operations Limited, a prominent player in the digital asset sector, has teamed up with mobile payment app #Oobit and the #TON Foundation to streamline cryptocurrency transactions. This partnership aims to make crypto payments more user-friendly and efficient, marking a significant step in the adoption of digital currencies for everyday transactions.

The collaboration introduces #USDT and #XAUT on TON's blockchain, enabling seamless transfers and facilitating swift, secure, and cost-effective transactions within TON's ecosystem. This move has already seen over 200 million worth of USDT issued on TON's blockchain, demonstrating a growing demand for accessible cryptocurrency solutions.

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🔵 #Tether has launched its $USDT and gold-pegged $XAUT stablecoins on the TON blockchain.

This move aligns with #Telegram to enhance peer-to-peer payments for its vast user base, aiming to rival traditional finance’s efficiency.

Tether’s expansion onto TON, now a top ten blockchain, marks a significant stride in making crypto payments accessible and straightforward for Telegram’s nearly 900 million users.

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#Tether will launch a mobile application for cross-border payments: the service will support transactions in #USDT, #XAUT and Bitcoin Lightning Network.

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