Tether Expands to The Open Network, Boosting Toncoin by 17%
In a pivotal move, Tether, the powerhouse behind the largest stablecoin in the crypto sphere, USDT, has unveiled its expansion onto The Open Network (TON). This strategic development catalyzed a remarkable 17% surge in Toncoin's price in a mere 24-hour timeframe. On Friday, the stablecoin titan announced the debut of its USDT and Tether Gold (XAUT), a gold-backed digital token, on TON, marking Tether's presence on 15 different blockchains.
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