**News Flash: USDT Hits $1B Milestone on TON Chain! 🚀**
- Tether’s USDT stablecoin has surpassed $1 billion in circulating supply on The Open Network (TON), per Token Terminal.
- Despite Telegram's CEO Pavel Durov's August arrest, TON chain's popularity is soaring.
- USDT is the go-to stablecoin for many Telegram Mini Apps, settling transactions on TON.
- TON Foundation announced a partnership with Singapore's Tada ride-hailing app, enabling crypto payments.
- Stablecoin adoption is booming, with active wallets doubling to over 20 million since 2022.
- Tether's 2023 profits of $6.2 billion outpaced Blackrock's $5.5 billion.