Binance Enables Tether (USDT) Deposits and Withdrawals on TON

Binance USDT Integration to Bring Lots of Benefits

With this integration, Binance users can now leverage the advantages of the TON network while utilizing USDT, the world’s most widely used stablecoin. Known for its high transaction speed and low fees, the TON network offers a seamless experience for transferring USDT, enhancing the overall user experience on Binance. This development is particularly significant for traders and investors looking for rapid and cost-effective ways to manage their funds.

Likewise, TON adoption for USDT transactions is expected to attract more users to both the Binance platform and the TON network. Meanwhile, Binance has issued specific token deposit addresses for USDT on the TON network.

In response to the integration, TON’s price rose to $7.32, although its current price is $7.14, a 0.55% increase for the past 24 hours. However, the TON network has been experiencing price volatility amid regulatory anticipation and market adjustments. Despite these challenges, the integration of USDT on the TON network is a positive step towards greater utility and stability.

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