TON blockchain sees 17% jump as Tether prints $10m in USDT

At the time of writing, Tether has not made any public announcement regarding the matter. Concurrently, TON’s native token, Toncoin, experienced a significant price increase of over 17%, reaching $7.15, as reported by CoinMarketCap. In an announcement on April 18, the company declared its intention to restructure into four divisions and revealed a new vision aimed at extending its reach beyond the stablecoin sector. It’s worth noting that this situation is still unfolding.