Tether will launch a Dirham-pegged stablecoin on TON

ChainCatcher news, stablecoin issuer Tether announced that its stablecoin pegged to the UAE Dirham will be launched on the TON blockchain.

Tether's Senior Strategic Partnerships Manager Alessandro Giori stated that there are 160,000 USDT transactions daily on TON, with 7.6 million wallets using USDT on the TON blockchain, and over 100 crypto platforms have integrated USDT on the TON blockchain. Giori also announced that USDT on TON will be available on the digital asset platform Fireblocks.

Previous news, Tether plans to launch a stablecoin pegged to the UAE Dirham (AED).