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There are 316 million USDT in circulation on the TON blockchain, which will support the transition from jUSDT to native USDT

There are 316 million USDT in circulation on the TON blockchain, which will support the transition from jUSDT to native USDT

Bitget2024/05/29 03:37

TON posted on the X platform stating that TON supports transitioning from jUSDT to native USDT on-chain, and so far, 316 million USDT have been circulating on the TON blockchain. Some important updates regarding jUSDT and USDT-TON include: minting of new jUSDT will stop on June 10, 2024; percentage fees for all outgoing jUSDT transactions on the TON Bridge have been cancelled; as long as there are jUSDT holders, outgoing transactions will still be supported; The TON Foundation will soon add more liquidity to the jUSDT/USDt pool on DEX; The era of native cross-chain bridge for USDT is coming soon.

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