There are 316 million USDT in circulation on the TON blockchain, which will support the transition from jUSDT to native USDT
TON posted on the X platform stating that TON supports transitioning from jUSDT to native USDT on-chain, and so far, 316 million USDT have been circulating on the TON blockchain. Some important updates regarding jUSDT and USDT-TON include: minting of new jUSDT will stop on June 10, 2024; percentage fees for all outgoing jUSDT transactions on the TON Bridge have been cancelled; as long as there are jUSDT holders, outgoing transactions will still be supported; The TON Foundation will soon add more liquidity to the jUSDT/USDt pool on DEX; The era of native cross-chain bridge for USDT is coming soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Eric Trump: Bitcoin Has No "Management," No Issues of Corruption, Fraud, or Abuse
Data: Hyperliquid platform whales currently hold $5.517 billions in positions, with a long-short ratio of 0.93.
AI blockchain security platform TestMachine completes $6.5 million financing, led by BlockChange Ventures and others
Data: 116.64 BTC transferred from an anonymous address, worth approximately $10.38 million