In a remarkable achievement, USDt-TON, a product of the Tether and TON Foundation partnership, has reached a staggering $200 million circulation in record time, signaling unprecedented demand within the TON ecosystem. Moreover, the TON network has surpassed $200 million in Total Value Locked (TVL), driven by initiatives like The Open League, demonstrating substantial growth and adoption.

The integration of Tether tokens USD₮ and XAU₮ on the Ton blockchain, announced during the Token2049 crypto conference in Dubai, has revolutionized stablecoin integration. This partnership enables the use of USDT and XAUT for peer-to-peer payments on the TON blockchain, targeting Telegram's vast 900 million user base. The TON blockchain ensures simplicity and speed in cross-border payments, comparable to sending a text message on Telegram.

USDt-TON's circulation has hit a record $200 million within a month, setting a new benchmark for the fastest token circulation in Tether's history. This rapid growth underscores the increasing demand for USDT within the TON ecosystem. The TON network's TVL has also seen a remarkable 900% increase since March, demonstrating substantial growth and adoption.

The partnership between Tether and TON Foundation, along with the integration of Tether tokens on the Ton blockchain, marks significant advancements in stablecoin integration. These developments indicate a promising future for the TON network and the broader crypto market, showcasing the potential for stablecoins to drive growth and innovation.