Binance integrates USDT on TON and opens wallet
Ton is a not a very old crypto project or blockchain network but this has gained a lot of popularity in recent time. Even the ton coin had made its all time high which can be another reason why it's much popular in cryptocurrency market.
Now USDT is also available on ton blockchain and this integration has been done by binance. Usdt is a stablecoin and this coin is available on many networks but now ton is also added in the list. Binance has done this integration and now USDT can be sent and received on ton network through binance. Technology is highly advance on blockchain and leading exchanges are building the kind of infrastructure that allows to have different coins on different change and this is like a multi change support for the stable coins.
Binance has announced the successful integration of Tether’s USDT token on The Open Network (TON). According to an official Binance announcement, as of June 21, users can now deposit and withdraw Tether
USDt on ton network.
It is indeed a grade option for the Crypto community users because now we have got one more network added for USDT stable coin but it will be interesting to see what would be the charge for the transaction on TON. Since we are expecting the rise in demand for a stable coins so having different network and multiple stable coins would be good option and things are getting ready in advance to deal with the rise in demand and this is what resulting in the better infrastructure development.
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In this area of the rise of the stable coin the TON blockchain will grow with the integration.
It seems to be a promising project
Ton has gained a lot of popularity in a short time. And such initiatives with currently popular exchange Binance will take it to other heights. Thanks for sharing a beautiful topic.