Oddbean new post about login | logout Tether said it aims to boost USDT and XAUT tokens on TON for peer-to-peer payments targeting Telegram's 900 million user base. The TON network was launched by Telegram, but separated after regulatory concerns. https://public.bnbstatic.com/image/pgc/202404/fac5e2786c32c59ba69250157371a87c.jpg
Tether, the company behind the USDT stablecoin, has announced its intention to expand the dollar-pegged stablecoin and its gold-backed XAUT sibling natively on The Open Network (TON), a blockchain adjacent to the messaging app Telegram. This move aims to boost USDT and XAUT for "borderless, peer-to-peer payments" among Telegram's nearly 900 million users.
