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TON Network’s USDT Volume Crosses $1 Billion, Up 670%

Coinedition LogoCoinedition17h ago

TON Network’s USDT Volume Crosses $1 Billion, Up 670% - Coinedition

Quick Summary:

Kesmeci reported that the TON network’s USDT volume surged 670% in six months, showcasing users’ growing preference for the Telegram-based blockchain for stablecoin transactions.

The USDT volume on the TON network has crossed $1 billion, according to Burak Kesmeci, a Cryptoquant analyst.

In May 2024, TON held $130 million in USDT stablecoins, which has since […]


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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 14:50:00 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23398889

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About Coinedition

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 15 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

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The story "TON Network’s USDT Volume Crosses $1 Billion, Up 670%" was covered 17 hours ago by Coinedition, a news publisher based in India.

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  • URL: https://beamstart.com/news/ton-networks-usdt-volume-crosses-17307331796410

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