Native USDt on TON: Adoption and Market Dynamics Q2 2024

On April 19th, Pavel Durov, CEO & Founder of Telegram, Paolo Ardoino, CEO of Tether, and Andrew Rogozov, CEO of TOP & Wallet, announced the launch of native USDt on TON at TOKEN2049. It was designed to revolutionize peer-to-peer payments, allowing Telegram users to make USDt transfers instantly by simply sending a direct message to their contacts.

With a total circulation of $580 million in just 3 months since its launch, USDt is already deeply integrated with most of TON's major protocols and dApps. This post will explore the emerging trends surrounding USDt within TON's ecosystem and its role as a Digital Dollar. Learn more about:

— The premise for introducing native USDt to TON and its significance in the long-term strategy of TON and Telegram
— Gasless USDt payments on TON
— The context for USDt-TON’s adoption figures compared to similar metrics on other blockchains
— The adoption markers of USDt-TON within the TON ecosystem
— The current and future impact of USDt-TON on TON.

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