Tether partners with TokenPocket to support USDT on the TON blockchain, enhancing USDT’s functionality and community-driven blockchain support.
Points
- Tether partners with TokenPocket to support USDT on TON.
- TokenPocket serves over 20 million users globally.
- Tether prioritizes community preferences for blockchain support.
- Key factors include customer support, network security, and regulatory compliance.
- Tether ceases support for less active blockchains like SLP, Omni, Kusama, Algorand, and EOS.
On July 27, Tether announced its collaboration with TokenPocket, a multi-chain decentralized wallet, to support USDT on the TON blockchain. This integration aims to enhance the functionality and usability of USDT within the TON ecosystem. TokenPocket, which serves over 20 million users across more than 200 countries, supports various public chains, including Polkadot, TRON, Solana, and EVM-compatible chains.
Tether has emphasized its commitment to community-driven blockchain support. Decisions to deploy Tether tokens on specific networks are based on several factors, including customer support, network security, regulatory compliance, and community interest. This strategic shift ensures sustainability, safety, and usability for USDT users.
Recently, Tether ceased support for less active blockchains like SLP, Omni, and Kusama, and discontinued support for Algorand and EOS earlier this year. This decision underscores Tether’s focus on active and secure blockchain networks to maximize USDT’s effectiveness.
Tether’s partnership with TokenPocket is expected to boost cross-border transactions, making crypto more accessible and user-friendly. The integration expands USDT’s reach, aligning with Tether’s vision of accelerating crypto adoption globally.
解説
- Tether （USDT）: A stablecoin that aims to maintain a value equal to $1.00 USD, used widely in the cryptocurrency market for trading and transactions.
- Multi-Chain Decentralized Wallet: A digital wallet that supports multiple blockchain networks, allowing users to manage various cryptocurrencies in one place.
- Regulatory Compliance: Adherence to laws and regulations applicable to financial activities, ensuring the legitimacy and safety of operations.