Introduction to Tether (USDT)
Stablecoins are cryptocurrencies designed to maintain a stable value by pegging 1:1 to another asset, typically a fiat currency like the US dollar. Recently, Tether Limited launched the native USD₮ token on The Open Network (TON), replacing the older jUSDT token—an ERC-20 bridged variant from Ethereum. While jUSDT remains operational, USD₮ is now the primary choice for transactions.
TON supports USD₮ as a Jetton asset, a flexible standard for tokenized assets on its blockchain.
Benefits of Using USD₮ on TON
1. Seamless Telegram Integration
TON’s USD₮ integrates natively with Telegram, offering a streamlined DeFi experience. This partnership positions TON as the most user-friendly blockchain for USD₮ transactions, especially within Telegram’s ecosystem.
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2. Lower Transaction Fees
Ethereum’s dynamic gas fees often lead to high costs for USDT transfers:
transaction_fee = gas_used * gas_priceIn contrast, TON transactions average 0.0145 TON, remaining cost-efficient even during price surges. Optimized smart contracts make USD₮ transfers 3x cheaper than other Jettons.
3. Speed and Scalability
TON’s high throughput ensures faster USD₮ transactions compared to legacy blockchains, with near-instant confirmations.
Technical Insights
Jetton Asset Structure
USD₮ operates under TON’s Jetton standard, enabling:
- Cross-platform compatibility.
- Customizable token logic (e.g., minting/burning).
For developers:
- Assets SDK simplifies integration.
- TMA USDT Payments Demo showcases Telegram-based implementations.
FAQ
Q: Is jUSDT still usable after USD₮’s launch?
A: Yes, but USD₮ is preferred due to native support and lower fees.
Q: How does TON’s fee structure stay low?
A: Fixed computational costs and optimized contracts reduce overhead.
Q: Can USD₮ be used outside Telegram?
A: Absolutely—it’s compatible with any TON-supported wallet or dApp.