USDT
Tether
On Apr 18, 2023, Tether publicly launched the USDT (USD₮) token. See Tether.
On the TON Blockchain, USDT is supported as a jetton based on stablecoin contract.
To integrate Tether’s USDT on TON Blockchain, use the jetton master address: EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs
Advantages of USDT on TON
Seamless Telegram integration
USDT on TON integrates with Telegram to provide a user-friendly experience for USDT transfers and DeFi.
Lower transaction fees
Fees for Ethereum USDT transfers are calculated dynamically depending on a network load. This is why transactions can become expensive.
transaction_fee = gas_used * gas_price
gas_used
is the amount of gas used during transaction execution.gas_price
is the cost of one unit of gas in Gwei, calculated dynamically.
On the other hand average fee for sending any amount of USDT in TON Blockchain is about 0.0145 TON nowadays. Even if the price of TON increases 100 times, transactions will remain ultra-cheap. see the average transaction cost.
Fast and scalable
TON’s high throughput and rapid confirmation times enable fast USDT transactions.
Advanced details
On the TON Blockchain, multiple jettons can share the same name; a counterfeit jetton may look identical to the real USDT but has no value. Verify legitimacy by confirming the jetton master address.
See important recommendations.