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TON Foundation Partners With Scrypt Swiss to Expand Institutional USDT Access on TON

The partnership is intended to build infrastructure on The Open Network for banks, fintech companies, and payment providers seeking institutional access to Tether’s USDT stablecoin.

USDT
TON

Summary

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Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, widely used for trading, payments, and moving value across crypto markets.
  • The Open Network (TON): A blockchain network designed for fast transactions and consumer-facing applications across payments and digital services.
  • Infrastructure layer: Foundational technology that supports services such as payments, asset transfers, and institutional access on top of a blockchain network.