USDT Supply on TON Blockchain Grows by Approximately $300 Million in Past Month
The USDT stablecoin on the Telegram Open Network (TON) blockchain is experiencing renewed growth, with its outstanding supply increasing by around $300 million over the last month. This expansion pushes the total USDT supply on TON closer to $730 million, positioning TON among the fastest-growing blockchains for USDT adoption. The surge is partly driven by TON’s integration with the Telegram messaging app, which enables nearly 1 billion users to transact with USDT easily.
Notes:
- Over 1.39 million addresses hold USDT on TON, including major exchange wallets such as Binance, OKX, and Gate.io.
- Weekly transaction volumes have surged up to nearly $2.4 billion.
- TON’s growing USDT ecosystem underscores Telegram’s ambitions to create a widely accessible, digitally native financial network.
