Crypto: USDT Soon Interoperable on 100 Blockchains?
ETH
SOL
DEFI
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The crypto network TON reaches a new milestone. It has indeed just integrated with LayerZero, thereby strengthening its interoperability and its connection with USDT. This major advancement connects TON to over 100 blockchains (including Ethereum, Tron, and Solana). More details in the following paragraphs!
An interchain bridge to facilitate access to crypto USDT
Thanks to LayerZero, TON becomes a key crypto platform for transferring USDT across various blockchains. It indeed utilizes the Stargate protocol. Result: users can now send and receive stablecoins smoothly.
The TON Foundation affirms that this integration marks a major turning point for the TON crypto network. The fact is that it allows users to connect to the 136 billion dollars of USDT circulating on Ethereum and Tron. With already 1.4 billion dollars of USDT on TON, growth is therefore rapid. It could even continue at an accelerated pace.
That’s not all! This development also solidifies TON’s ambition to establish itself as a major player in crypto interoperability.
A strategic expansion for TON and LayerZero
The rapid adoption of USDT on TON illustrates its growing role in the crypto universe. By connecting TON to the major blockchains, LayerZero indeed facilitates greater accessibility to stablecoins. This is advantageous for both traders and crypto investors!
The USDT on TON has seen impressive growth, reaching one billion dollars just five months after its launch in April 2024. By comparison, Solana has only 1.8 billion USDT in circulation after several years of existence.
The integration of LayerZero with TON also opens the door to other DeFi applications, simplifying asset transfers between networks. Thanks to its interconnection with Ethereum, Tron, and other major blockchains, TON thus becomes a hub for interchain transactions. This strengthens its position in the crypto ecosystem.
With continuous advancements and rising numbers, TON continues to establish itself as a central player in the cryptocurrency market. Its rapid development alongside LayerZero could shuffle the cards in the stablecoin and blockchain interoperability sectors!
