Tether Expands USDT and XAUT Stablecoins to TON Network

The integration aims to enhance peer-to-peer payments and DeFi applications for Telegram's vast user base.

Tether launches USDT, the world's largest stablecoin, and gold-backed XAUT on TON Network, enhancing the financial infrastructure within the Telegram ecosystem.
The move is expected to attract non-crypto users and boost decentralized app usage across payment and gaming verticals.
TON's rapid growth is supported by a strong user base from Telegram, with incentives for using USDT on the network to reduce trading fees.
USDT and XAUT aim to provide a stable and seamless financial experience comparable to traditional systems, with USDT going live on April 20.
This expansion could significantly increase the liquidity and activity on the TON blockchain, which now operates independently from Telegram after regulatory concerns.