The cryptocurrency exchange Binance has expanded its capabilities by listing the popular stablecoin USDT on The Open Network (TON). Users can now conveniently deposit and withdraw coins on the TON network, providing new opportunities for operations with this digital asset.
It is worth noting that the native token of the blockchain, Toncoin, is still not available for spot trading on Binance, although users have been able to trade futures based on it since March. This indicates a gradual integration and expansion of TON blockchain support on the Binance platform.
Despite the news, the TON price did not undergo significant changes and at the time of writing stands at $7.31 with a 0.9% increase, according to CoinGecko. This may indicate stability and investor confidence in the long-term prospects of the token.
Tether, the issuer of the stablecoin USDT, added support for the TON blockchain back in April, which led to an increase in the overall liquidity of the coin, now exceeding $580 million. This is an important step for strengthening the TON ecosystem and expanding the use of stablecoins across various networks.
It is also worth noting that in May, Binance listed the Notcoin token, associated with the eponymous gaming Web3 project.
