{"id":76260,"date":"2023-03-27T16:12:56","date_gmt":"2023-03-27T13:12:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76260"},"modified":"2025-09-10T16:23:17","modified_gmt":"2025-09-10T13:23:17","slug":"tusd-stablecoin-launches-on-the-ton-network","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tusd-stablecoin-launches-on-the-ton-network\/","title":{"rendered":"TUSD stablecoin launches on the TON network"},"content":{"rendered":"<p>The True USD (TUSD) stablecoin team has partnered with The Open Network blockchain project. The collaboration will enable users to transfer the asset quickly and securely into the TON network via Orbit Bridge.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">?Big news for you! You are now able to bridge <a href=\\\"https:\/\/twitter.com\/hashtag\/TUSD?src=hash&#038;ref_src=twsrc%5Etfw\\\">#TUSD<\/a> to <a href=\\\"https:\/\/twitter.com\/ton_blockchain?ref_src=twsrc%5Etfw\\\">@ton_blockchain<\/a> through <a href=\\\"https:\/\/twitter.com\/Orbit_Chain?ref_src=twsrc%5Etfw\\\">@Orbit_Chain<\/a>.<\/p>\n<p>?TUSD adds one more chain to its list, thus becoming one of the most accessible <a href=\\\"https:\/\/twitter.com\/hashtag\/StableCoins?src=hash&#038;ref_src=twsrc%5Etfw\\\">#StableCoins<\/a> in the space.<\/p>\n<p>\u2b07\ufe0fCheck the article &#038; have a deep-dive of your own!<a href=\\\"https:\/\/t.co\/eAXy51L3cX\\\">https:\/\/t.co\/eAXy51L3cX<\/a><\/p>\n<p>\u2014 TrueUSD (@tusdio) <a href=\\\"https:\/\/twitter.com\/tusdio\/status\/1640300310395768833?ref_src=twsrc%5Etfw\\\">March 27, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<p>According to the statement, TUSD is available on a range of blockchains, including Ethereum, TRON, BSC, Fantom and Polygon. The market capitalisation of the stablecoin exceeds $2 billion. As a result of the integration with Chainlink, the token uses the <span data-descr=\\\"proof of reserves\\\" class=\\\"old_tooltip\\\">Proof-of-Reserves<\/span> backing to confirm <a href=\"https:\/\/u1f987.com\/en\/news\/tusd-operator-moves-1-billion-in-reserves-from-the-united-states-to-the-bahamas\">backing<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Orbit Bridge, the cross-chain platform developed by the Korean company Ozys, enables the transfer of crypto assets across several networks, including Ethereum, BNB, Polygon, Klaytn, ICON and XRP.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;There are many public blockchains on the market, and all of them hope that their ecosystems will be filled with liquidity. TUSD aims to become a means of payment for users. The partnership will not only add liquidity to TON but also broaden the use cases for the stablecoin,\\&#8221; said a representative of the token project.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>The TON network has become the next phase in the Telegram Open Network project, which was shut down in 2020 following a dispute between the operator of the messaging app and the U.S. Securities and Exchange Commission.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier in February, the TON developers <a href=\"https:\/\/u1f987.com\/en\/news\/ton-developers-unveil-roadmap-for-2023\">presented the roadmap<\/a> for 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The True USD (TUSD) stablecoin team has partnered with The Open Network blockchain project. The collaboration will enable users to transfer the asset quickly and securely into the TON network via Orbit Bridge.<\/p>\n","protected":false},"author":1,"featured_media":76261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[807,1364],"class_list":["post-76260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stablecoins","tag-the-open-network"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76260","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=76260"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76260\/revisions"}],"predecessor-version":[{"id":76262,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/76260\/revisions\/76262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/76261"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=76260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=76260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=76260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}