TetherOnTON
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Get ready, UAE! 🇦🇪
Tether's bringing a stablecoin pegged to the Dirham to the TON blockchain.
#TetherOnTON #TetherUpdate #TONBlockchain #BinanceSquareFamily
Tether's bringing a stablecoin pegged to the Dirham to the TON blockchain.
#TetherOnTON #TetherUpdate #TONBlockchain #BinanceSquareFamily
🚨 JUST IN: #Tether is launching its #UAE dirham-pegged stablecoin on The Open Network (#TON ) blockchain!
#UAEStablecoin #TetherOnTON
#UAEStablecoin #TetherOnTON
Tether Enhances Compliance Measures with Chainalysis Ecosystem Monitoring Solution. Tether has collaborated with Chainalysis, the blockchain data platform to develop a customizable solution for monitoring secondary market activity.
Read More 👇
https://tether.io/news/tether-enhances-compliance-measures-with-chainalysis-ecosystem-monitoring-solution/
Grab some TETHER 👉 https://t.ly/5wO2Q
#USDT $TUSD #TetherOnTON
Read More 👇
https://tether.io/news/tether-enhances-compliance-measures-with-chainalysis-ecosystem-monitoring-solution/
Grab some TETHER 👉 https://t.ly/5wO2Q
#USDT $TUSD #TetherOnTON
📌ℂ𝕃𝔸𝕀𝕄 𝔽ℝ𝔼𝔼 𝕌ℙ𝕋𝕆 𝟙𝟘$ 𝕌𝕊𝔻𝕋/ℙ𝔼ℙ𝔼 ℂ𝕆𝕀ℕ ℝ𝔼𝕎𝔸ℝ𝔻 𝔽ℝ𝕆𝕄 𝕄𝕐 𝕋𝕎𝕆 ℙ𝕀ℕℕ𝔼𝔻 ℙ𝕆𝕊𝕋𝕊💰💰...
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
📌ℂ𝕃𝔸𝕀𝕄 𝔽ℝ𝔼𝔼 𝕌ℙ𝕋𝕆 𝟙𝟘$ 𝕌𝕊𝔻𝕋/ℙ𝔼ℙ𝔼 ℂ𝕆𝕀ℕ ℝ𝔼𝕎𝔸ℝ𝔻 𝔽ℝ𝕆𝕄 𝕄𝕐 𝕋𝕎𝕆 ℙ𝕀ℕℕ𝔼𝔻 ℙ𝕆𝕊𝕋𝕊💰💰...
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
📌ℂ𝕃𝔸𝕀𝕄 𝔽ℝ𝔼𝔼 𝕌ℙ𝕋𝕆 𝟙𝟘$ 𝕌𝕊𝔻𝕋/ℙ𝔼ℙ𝔼 ℂ𝕆𝕀ℕ ℝ𝔼𝕎𝔸ℝ𝔻 𝔽ℝ𝕆𝕄 𝕄𝕐 𝕋𝕎𝕆 ℙ𝕀ℕℕ𝔼𝔻 ℙ𝕆𝕊𝕋𝕊💰💰...
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
#TetherOnTON #tetherUsdt #TONCOİN #TelegramCrypto $USDC #bitcoinhalving #
KEY POINTS
Telegram users can now start sending money via the stablecoin USDT through The Open Network (TON), a blockchain network that's integrated with the encrypted messaging service.
Stablecoins are becoming a more popular alternative to fiat currencies for those looking to buy and sell digital currencies
Stablecoin Tether and Circle's USDC dominate the market.
Telegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service's linked blockchain.
Telegram, which has roughly 900 million users worldwide, on Friday said it will now give users on the app the option to send USDT — a stablecoin developed and issued by Tether — over The Open Network (TON).
KEY POINTS
Telegram users can now start sending money via the stablecoin USDT through The Open Network (TON), a blockchain network that's integrated with the encrypted messaging service.
Stablecoins are becoming a more popular alternative to fiat currencies for those looking to buy and sell digital currencies
Stablecoin Tether and Circle's USDC dominate the market.
Telegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service's linked blockchain.
Telegram, which has roughly 900 million users worldwide, on Friday said it will now give users on the app the option to send USDT — a stablecoin developed and issued by Tether — over The Open Network (TON).
📌ℂ𝕃𝔸𝕀𝕄 𝔽ℝ𝔼𝔼 𝕌ℙ𝕋𝕆 𝟙𝟘$ 𝕌𝕊𝔻𝕋/ℙ𝔼ℙ𝔼 ℂ𝕆𝕀ℕ ℝ𝔼𝕎𝔸ℝ𝔻 𝔽ℝ𝕆𝕄 𝕄𝕐 𝕋𝕎𝕆 ℙ𝕀ℕℕ𝔼𝔻 ℙ𝕆𝕊𝕋𝕊💰💰...
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
🚀Buckle up, #DeFi & #Web3 enthusiasts! Tether, the bigwig behind the whopping $108B USDT, is planning to launch its dollar-pegged and gold-backed stablecoins on The Open Network (TON). Yes, the same TON that's a neighbor to your favorite messaging app, Telegram! 🎉
TON, a decentralized layer-1 network, has been growing faster than a rabbit on a carrot diet, with active addresses skyrocketing from <100K to 1.7M in just 6 months! 📈
And guess what? Telegram has ditched euros for the network's native token, toncoin (TON), for its ad platform. Talk about a crypto makeover! 💅
So, what's your take on this? Is Tether's move a game-changer for TON? Let's chat in the comments! 🗨️ #BlockchainNews #TetherOnTON
Everything you need to know about how the giant Tether's USDT works
Creation and team behind USDT
Tether is controlled by Tether Holding Limited or known as Tether Limited. The CEO is JL Van Der Velde, the CFO is Giancarlo Devasini and the General Counsel is Suart Hoegner.
Tether was launched by the team that runs Bitfinex, a major crypto-currency exchange
Launched in 2014, Tether tokens (USD₮) pioneered the stablecoin model and are the most widely traded. Tether tokens offer the stability and simplicity of fiat currencies combined with the innovative nature of blockchain technology, representing a perfect combination of both worlds.
Multiple blockchains and Fiat quotes for easy adoption.
Support for multiple blockchains
Tether tokens are built on multiple blockchains, making integration and adoption easy. Supported blockchains include Algorand, Avalanche, Bitcoin, Ethereum, EOS, Kava, Polka, Polygon, Solana, TRON and Tezos. Tether tokens are among the most traded tokens in terms of daily volume, offering unrivalled liquidity. Widespread adoption
Whether for exchange-to-exchange, digital wallet applications, decentralised finance protocols (DeFi) or payment services, Tether tokens offer a smart alternative to fiat gateways. Available in different currencies
Tether supports the US dollar (USD), euro (EUR), Mexican peso (MXN) and offshore Chinese yuan (CNH). Represented by ₮, Tether tokens are denoted by USD₮, EUR₮, MXN₮, CNH₮. Regulatory Compliant. Tether maintains world-class standardised compliance measures for anti-money laundering (AML), counter-terrorist financing (CFT), sanctions and know-your-customer (KYC) laws and regulations.
Tether is a stablecoin indexed to the US dollar. A stablecoin is a type of crypto-currency whose value is pegged to another fiat currency such as the US dollar or to a commodity such as gold.
Tether was the first stablecoin to be created and is the most popular stablecoin used in the ecosystem. It has the largest stablecoins in terms of circulation and market capitalisation. Tether was originally based on the Omni Layer, a transport protocol on the Bitcoin blockchain. As a result, the original version of tether was characterised by the stability and security inherent in the oldest blockchain network.
To accelerate adoption, in September 2017, Tether was launched on the Ethereum blockchain as the ERC20 token. Tether's Ethereum ERC-20 is now the most popular type of Tether token.
How does Tether maintain a 1:1 peg to the USD?$
The USDT peg is maintained via a 1:1 collateral ratio. Tether Limited claims that every USDT in circulation is backed 100% by real fiat currency in its reserves.
Audits have shown that only 70% of its reserves are backed by the dollar, with the remainder held in gold or US treasury bills.
Tether has published its balances on its Transparency page. Tether Limited acts as a third party custodian for fiat currencies backing the USDT.
To understand how Tether is controlled by Tether Limited, take a look at the fund flow process below
Step 1: The user deposits fiat currency into Tether Limited's bank account.
Step 2: Tether Limited generates and credits the user's Tether account. Tether enters circulation. The amount of fiat currency deposited by the user must equal the amount of Tether issued to the user (for example: 500 USD deposited = 500 USDT issued).
Step 3: The user carries out transactions with USDT. The user can transfer, exchange and store USDT.
Step 4: User deposits USDT with Tether Limited to redeem in fiat currency.
Step 5: Tether Limited destroys the Tether and sends cash to the user's bank account.
Users can also obtain Tether outside of the above process via an exchange platform or another person.
#TelegramCEO
#USDTfree
#TetherOnTON
#CryptoKaiser225
Tether is controlled by Tether Holding Limited or known as Tether Limited. The CEO is JL Van Der Velde, the CFO is Giancarlo Devasini and the General Counsel is Suart Hoegner.
Tether was launched by the team that runs Bitfinex, a major crypto-currency exchange
Launched in 2014, Tether tokens (USD₮) pioneered the stablecoin model and are the most widely traded. Tether tokens offer the stability and simplicity of fiat currencies combined with the innovative nature of blockchain technology, representing a perfect combination of both worlds.
Multiple blockchains and Fiat quotes for easy adoption.
Support for multiple blockchains
Tether tokens are built on multiple blockchains, making integration and adoption easy. Supported blockchains include Algorand, Avalanche, Bitcoin, Ethereum, EOS, Kava, Polka, Polygon, Solana, TRON and Tezos. Tether tokens are among the most traded tokens in terms of daily volume, offering unrivalled liquidity. Widespread adoption
Whether for exchange-to-exchange, digital wallet applications, decentralised finance protocols (DeFi) or payment services, Tether tokens offer a smart alternative to fiat gateways. Available in different currencies
Tether supports the US dollar (USD), euro (EUR), Mexican peso (MXN) and offshore Chinese yuan (CNH). Represented by ₮, Tether tokens are denoted by USD₮, EUR₮, MXN₮, CNH₮. Regulatory Compliant. Tether maintains world-class standardised compliance measures for anti-money laundering (AML), counter-terrorist financing (CFT), sanctions and know-your-customer (KYC) laws and regulations.
Tether is a stablecoin indexed to the US dollar. A stablecoin is a type of crypto-currency whose value is pegged to another fiat currency such as the US dollar or to a commodity such as gold.
Tether was the first stablecoin to be created and is the most popular stablecoin used in the ecosystem. It has the largest stablecoins in terms of circulation and market capitalisation. Tether was originally based on the Omni Layer, a transport protocol on the Bitcoin blockchain. As a result, the original version of tether was characterised by the stability and security inherent in the oldest blockchain network.
To accelerate adoption, in September 2017, Tether was launched on the Ethereum blockchain as the ERC20 token. Tether's Ethereum ERC-20 is now the most popular type of Tether token.
How does Tether maintain a 1:1 peg to the USD?$
The USDT peg is maintained via a 1:1 collateral ratio. Tether Limited claims that every USDT in circulation is backed 100% by real fiat currency in its reserves.
Audits have shown that only 70% of its reserves are backed by the dollar, with the remainder held in gold or US treasury bills.
Tether has published its balances on its Transparency page. Tether Limited acts as a third party custodian for fiat currencies backing the USDT.
To understand how Tether is controlled by Tether Limited, take a look at the fund flow process below
Step 1: The user deposits fiat currency into Tether Limited's bank account.
Step 2: Tether Limited generates and credits the user's Tether account. Tether enters circulation. The amount of fiat currency deposited by the user must equal the amount of Tether issued to the user (for example: 500 USD deposited = 500 USDT issued).
Step 3: The user carries out transactions with USDT. The user can transfer, exchange and store USDT.
Step 4: User deposits USDT with Tether Limited to redeem in fiat currency.
Step 5: Tether Limited destroys the Tether and sends cash to the user's bank account.
Users can also obtain Tether outside of the above process via an exchange platform or another person.
#TelegramCEO
#USDTfree
#TetherOnTON
#CryptoKaiser225
Binance has integrated Tether's USDT with TON/USD, enabling users to transfer stablecoins more efficiently on the TON blockchain.
This integration is expected to improve transaction speed, reduce fees, and provide a more cost-effective way to manage USDT transactions.
$BNB $USDC #BinanceTournament #ToncoinSurge #TonNetwork #Megadrop #TetherOnTON
This integration is expected to improve transaction speed, reduce fees, and provide a more cost-effective way to manage USDT transactions.
$BNB $USDC #BinanceTournament #ToncoinSurge #TonNetwork #Megadrop #TetherOnTON
✅ POSITIVE NEWS👇
🔶 Circle mints 4.5B $USDC on @SOLANA since April 2, 2024.
🔶 Tether is minting $USDT on Tron.
🔶 Good for crypto market because liquid money is coming into crypto market.
👉 We may see stablecoin money flowing into #Bitcoin and Altcoins.
#BinanceSquareCreatorAward #BecomeCreator #TetherOnTON #tetherUsdt
🔶 Circle mints 4.5B $USDC on @SOLANA since April 2, 2024.
🔶 Tether is minting $USDT on Tron.
🔶 Good for crypto market because liquid money is coming into crypto market.
👉 We may see stablecoin money flowing into #Bitcoin and Altcoins.
#BinanceSquareCreatorAward #BecomeCreator #TetherOnTON #tetherUsdt
#Tether expands its reach by integrating USDT and XAUT into Telegram's TON network for global payments.
A recent collaboration between Tether and Telegram's Open Network brings forth the USDT stablecoin and Tether Gold (XAUT), both gold-backed.
Keynote speakers at Dubai's Token2049 event, Tether CEO Paolo Ardoino and Telegram's Pavel Durov, unveiled this partnership.
This move introduces Tether's stablecoins to the TON blockchain, embedding them within Telegram's expanding ecosystem.
TON now ranks as the ninth largest blockchain by market value, surpassing Dogecoin. Paolo Ardoino sees this as a stride toward Tether's vision of a decentralized global financial system, promising improved transaction ease and liquidity.
Jack Booth of the TON Foundation underscores how Tether's stablecoins can revolutionize international money transfers, bridging fiat and crypto.
With over 900 million users, Telegram's integration of Tether hints at a potential shift in international payment norms.
Previously, Telegram users relied on external services to acquire USDT. However, with this initiative, USDT on TON gains an additional transaction avenue beyond Tron.
Tether's unveiling of four new business divisions—Tether Data, Tether Finance, Tether Power, and Tether Edu—alongside the stablecoin launch aims to expand its presence in digital currency, education, renewable energy, and technology sectors.
This marks another milestone in Tether's journey toward enhancing the practicality and versatility of digital currencies for everyday financial use, aspiring to blend blockchain's benefits with traditional banking.
In the lead-up to this, Tether introduced a feature enabling USDT movement across various blockchains, enhancing functionality and user flexibility.
Tether's recent innovations and strategic alliances drive forward the integration of blockchain technology into mainstream financial operations, promising a more equitable and efficient digital economy.
#TetherOnTON #TetherUSD #Ton #writetoearn
A recent collaboration between Tether and Telegram's Open Network brings forth the USDT stablecoin and Tether Gold (XAUT), both gold-backed.
Keynote speakers at Dubai's Token2049 event, Tether CEO Paolo Ardoino and Telegram's Pavel Durov, unveiled this partnership.
This move introduces Tether's stablecoins to the TON blockchain, embedding them within Telegram's expanding ecosystem.
TON now ranks as the ninth largest blockchain by market value, surpassing Dogecoin. Paolo Ardoino sees this as a stride toward Tether's vision of a decentralized global financial system, promising improved transaction ease and liquidity.
Jack Booth of the TON Foundation underscores how Tether's stablecoins can revolutionize international money transfers, bridging fiat and crypto.
With over 900 million users, Telegram's integration of Tether hints at a potential shift in international payment norms.
Previously, Telegram users relied on external services to acquire USDT. However, with this initiative, USDT on TON gains an additional transaction avenue beyond Tron.
Tether's unveiling of four new business divisions—Tether Data, Tether Finance, Tether Power, and Tether Edu—alongside the stablecoin launch aims to expand its presence in digital currency, education, renewable energy, and technology sectors.
This marks another milestone in Tether's journey toward enhancing the practicality and versatility of digital currencies for everyday financial use, aspiring to blend blockchain's benefits with traditional banking.
In the lead-up to this, Tether introduced a feature enabling USDT movement across various blockchains, enhancing functionality and user flexibility.
Tether's recent innovations and strategic alliances drive forward the integration of blockchain technology into mainstream financial operations, promising a more equitable and efficient digital economy.
#TetherOnTON #TetherUSD #Ton #writetoearn
Tether announced today that it assisted the U.S. DOJ in seizing over $6 million in assets linked to a crypto-confidence scheme based in Southeast Asia. To date, Tether has assisted more than 180 enforcement agencies across 45 jurisdictions, blocked $1.8+ billion USDT.
#Tetherwallet #TetherOnTON #TetherTrendsetter #TetherUSD #tetherUsdt
#Tetherwallet #TetherOnTON #TetherTrendsetter #TetherUSD #tetherUsdt