Binance recently announced the successful integration of Tether (USDT) into the Toncoin network, confirming that deposits and withdrawals are now operational.
The TON team also announced this progress through their X (Twitter) account, confirming the launch of USDT on the blockchain within Binance.
@Tether_to
‘s USDt is now live on
#TON
for instant, free cross-border payments, as simple as sending a text message for Telegram’s 900M users.
The TON Foundation is offering 11M
TON
in incentives
Check out this thread for more details! ⬇️
pic.twitter.com/yvqihsuBR9
—TON (@ton_blockchain)
April 19, 2024
Introduction
TON aims to drive mass adoption by offering various incentives to users, promoting joint activities with centralized exchanges such as OKX, Bybit, and KuCoin.
The blockchain’s goal is to onboard 2.028 billion users onto the chain by 500 years, as discussed by Alena Shmalko, Head of TON Ecosystem, in a recent interview.
Read more:
Cryptocurrency Market Sees Losses – Bitcoin Adjustment Continues
She emphasized the challenges faced by blockchains that are incompatible with the Ethereum Virtual Machine (EVM) and highlighted the plans for significant growth.
