{"id":14733,"date":"2024-06-26T20:35:09","date_gmt":"2024-06-26T17:35:09","guid":{"rendered":"https:\/\/forklog.com\/en\/usdt-supply-on-ton-network-surpasses-500-million\/"},"modified":"2024-06-26T20:35:09","modified_gmt":"2024-06-26T17:35:09","slug":"usdt-supply-on-ton-network-surpasses-500-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/usdt-supply-on-ton-network-surpasses-500-million\/","title":{"rendered":"USDT Supply on TON Network Surpasses $500 Million"},"content":{"rendered":"

The market supply of USDT issued on The Open Network (TON) has approached $520 million.<\/p>\n

<\/p>\n

\"tether_to\"
Data: Tether.to<\/a>.<\/figcaption><\/figure>\n

This milestone was reached approximately two months after the company behind the most popular stablecoin, Tether added support for the TON blockchain<\/a>.<\/p>\n

\n\u201cDemand for USDT-TON is growing rapidly, and it is not surprising,\u201d reported<\/a> representatives of The Open Network in their Telegram channel.<\/cite><\/p><\/blockquote>\n

They added that sending \u201cstablecoins to anyone, anywhere is as easy as sending a text message.\u201d<\/p>\n

The TVL<\/span> of the dapps<\/span> ecosystem based on TON is approaching $700 million, according to DeFi Llama<\/a>.<\/p>\n

\"defillama-5\"
Data: DeFi Llama.<\/figcaption><\/figure>\n

The exponential growth of this metric is largely attributed to the phenomenal popularity of clicker games like Notcoin and Hamster Kombat<\/a>.<\/p>\n

The integration of Web3 into a messenger with a user base exceeding 900 million has positively impacted the price of the Toncoin token, which has secured the ninth position in CoinGecko’s ranking with a market capitalization of $37.8 billion<\/a>.<\/p>\n

Previously, Tether ceased issuing USDT on EOS and Algorand.<\/p>\n","protected":false},"excerpt":{"rendered":"

The market supply of USDT issued on The Open Network (TON) has approached $520 million.<\/p>\n","protected":false},"author":1,"featured_media":14732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[807,1245,1422],"class_list":["post-14733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stablecoins","tag-tether-usdt","tag-toncoin"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=14733"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/14732"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=14733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=14733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=14733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}