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USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi

CoinGape LogoCoinGape19h ago

USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi - CoinGape

Quick Summary:

USDT on TON has reached a total supply of $729 million within four months following the integration announcement by the TON Foundation on April 18.

This growth positions USDT on TON as the seventh largest stablecoin by market capitalization when evaluated independently.

Most recently, Coingape reported that The Open Network launched the T-Fund, sparking renewed optimism among investors and traders despite recent challenges faced by Toncoin price.

More Pictures

USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi - CoinGape (Picture 1)USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi - CoinGape (Picture 2)

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 18:48:01 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22501663

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi" has 471 words across 45 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "USDT on TON Blockchain Grows To $729M, Boosting P2P Transfers and DeFi" was covered 19 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 24 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #22501663
  • URL: https://beamstart.com/news/usdt-on-ton-blockchain-grows-17262538232502

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