USDT on TON Chain Surpasses $1 Billion in Circulating Supply
Tether’s USDT stablecoin has reached a new milestone, surpassing $1 billion in circulating supply on The Open Network (TON), according to data from Token Terminal. This significant achievement underscores USDT's dominance as the leading USD-backed stablecoin, outpacing its rivals like Circle’s U.S. Dollar Coin (USDC).
Circle’s USDC Stablecoin to Launch on the Sui Network
Circle, the issuer of the widely-used USDC stablecoin, has announced that it will be expanding USDC’s reach to the Sui blockchain through its Cross-Chain Transfer Protocol (CCTP). This integration is a significant development for the Sui network, a relatively new blockchain that has been gaining traction in the decentralized finance (DeFi) space.
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