The TON Foundation has announced that USDt on TON will come with fully integrated on-ramps from various fiat currencies globally at launch. Additionally, integrated global off-ramps will enable users to withdraw supported fiat currencies directly to bank accounts or cards. The TON Foundation team plans to allocate five million TON to increase rewards in the liquidity pools of the decentralized platforms DeDust and STON.fi. Toncoin’s price reportedly surged to $7.21 earlier in the day, but it had fallen to $6.43 per coin at the time of writing.
The market capitalization of Toncoin stands at $22.3 billion. Furthermore, sticker creators will receive 95% of the income from the sale through the use of the TON blockchain.