USDT is now on TON blockchain!

[Daiana]

USDT Tether is now officially supported and added on TON blockchain and Telegram wallet!
Withdrawals and transfers of USDT to external wallets will be FREE until the end of June.
This sounds very good for people who want to save on fees, and USDT can be received in telegram wallet on TON or TRC20 network.

Do we know anything about the fees that will occur after the end of June? It is a great option for sending cash in between friends and maybe later companies. No need to get IBAN, BIC, wait several days before the transaction is done and so on. Also if the fees are very low maybe we can start to leave the credit card system. That would be great.

[dkbit98]

Ton blockchain is getting support on more centralized exchanges and OKX recently announced they are adding USDT on Ton with zero withdrawal fees.
Telegram app also had similar zero fees, but OKX is the first crypto exchange to add USDT on Ton blockchain.
I would still suggest everyone not to hold coins on any centralized exchange even if they have great reputation.


https://www.okx.com/campaigns/usdt-ton-promotion

[NikeFit_7777]

TON reported that USDT circulation on its platform reached $200 million in less than a month since its launch. This significant increase in circulation indicates the active adoption and use of USDT on the TON platform. The rapid growth may also indicate a positive market reaction to the integration of USDT into TON. Further details on the factors contributing to this rapid increase in circulation are not provided in the report.

[NikeFit_7777]

The news: "Binance has added support for Tether (USDT) on the Toncoin (TON) network. TON itself is still not available for spot trading, although the exchange has futures based on it."

P.S. Is Binance finally going to add TON - no idea why they didn't do it earlier. Whoever said/wrote what, the TON ecosystem, is evolving very fast. The sooner you realize this = the more money you make. 

[JISAN]

This is very good news USDT is the most familiar TRON chain to me. Because the transaction fee is low here, I used to do more transactions. TON, a project of Telegram, has created a lot of hype since it hit the market and quickly reached the 8th position in coin marketcap with a high marketcap, leaving TRX behind.  TON may become like SOLANA in future. TON  will be a  strong competitor for SOLANA in the future.

[NikeFit_7777]

TON Foundation and Tether have planned over 100 partnerships to implement USDT on the TON blockchain globally.

P.S. Notice how overall, the TON blockchain has become popular + in demand? Wouldn't be surprised if TON takes over the top 5 cryptocurrencies in the world. There's certainly still room to develop and t.t.c. - but it's still a long way to go.

Source link: https://blog.ton.org/putting-us-dt-on-ton-to-every-pocket-with-over-100-integrations

[electronicash]

long way to go especially when the network isn't yet supported by metamask. not easy for ETH users to adopt. but telegram chat is popular though.

The news: "Binance has added support for Tether (USDT) on the Toncoin (TON) network. TON itself is still not available for spot trading, although the exchange has futures based on it."

P.S. Is Binance finally going to add TON - no idea why they didn't do it earlier. Whoever said/wrote what, the TON ecosystem, is evolving very fast. The sooner you realize this = the more money you make. 

if you are trying to buy TON in some exchanges you will need to submit KYC once again but yobit doesn't ask KYC and TON is already listed in that exchange. i understand this exchange is not very liked by many users but seem to have worked for the users there.

Binance not allowing TON in spot is really making them miss a lot of profit while this chain is becoming popular especially the games in the telegram.

[dkbit98]

long way to go especially when the network isn't yet supported by metamask. not easy for ETH users to adopt. but telegram chat is popular though.

Who told you that?
I can clearly see Ton contracts for both ethereum and binance chain, and TON is already available on Uniswap, similar exchanges or p2p.
Metamask is probably one of the worst wallets I ever used and it's only for ethereum and similar blockchains.
You can't really compare metamask with telegram app that is not directly used as cryptocurrency wallet.
https://ton.org/en/buy-toncoin

[NikeFit_7777]

Tether has implemented in the Philippines the ability to pay social security contributions in USDT on the TON blockchain.

Link to the official news: https://x.com/Tether_to/status/1807685715217506410