Tether Expands to Another Blockchain

Stablecoin issuer Tether is launching its USDT backed by the US dollar and its XAUT backed by gold on The Open Network (TON) blockchain. Users will be able to access USDT on the network starting from April 20th, while XAUT will follow in the coming months. Launching stablecoins on TON will increase activity and liquidity, as well as facilitate access to decentralized applications.