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

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: IndiaSouth Korea

Topics: Market Toncoin (TON) News Tether (USDT) Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 14:50:00 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 50 lines

Sentence Length: 3 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

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

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