Binance recently announced the successful integration of Tether (USDT) into the Toncoin network, confirming that deposits and withdrawals are now operational.
The TON team also announced this development through their X (Twitter) account, confirming the launch of USDT on the blockchain within Binance.
@Tether_to’s USDt is now live on #TON! Instant and free cross-border payments, as easy as sending a text message, for 900 million users on Telegram.
The TON Foundation is offering 11M TON in incentives
Check out this thread for more details! ⬇️ pic.twitter.com/yvqihsuBR9 — TON (@ton_blockchain) April 19, 2024
Introduction
TON aims to drive mass adoption by providing users with various incentives to engage in joint activities with centralized exchanges such as OKX, Bybit, and KuCoin.
The blockchain’s goal is to onboard 2.028 billion users onto the chain by 500 years, a topic discussed by Alena Shmalko, the ecosystem lead of TON, in a recent interview.
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She emphasized the challenges faced by blockchains that are not compatible with the Ethereum Virtual Machine (EVM) and highlighted plans for significant growth.