Transactions involving Tether’s USDT and Tether Gold (XAUt) on The Open Network (TON) are set to become more streamlined with the integration of the Oobit mobile payment app, significantly enhancing the user experience for merchants.
Tether and Tether Gold (XAUt) made their debut on TON in April. Tether Gold is pegged to the price of one fine troy ounce of gold.
To date, more than $200 million in USDT has been issued on TON, and users can send USDT directly within Telegram messages. Telegram boasts over 900 million users worldwide.
The TON network also features its own native cryptocurrency, Toncoin (TON). Besides TON, USDT is issued on 14 other blockchains, including Tron and Ethereum. It also joined the Celo network in March. Oobit’s Tap & Pay technology will enable merchants to receive payments in fiat currency even when customers pay with USDT.
