cryptojournalist
TON blockchain has been buzzing lately, with USDT transactions reaching 160,000 per day and a staggering 7.6 million wallets using USDT on the platform. Giori highlighted that over 100 crypto platforms have now integrated USDT on TON, making it easier for users to access and transfer this popular stablecoin.
In a big move, Giori also shared that USDT on TON has become available on Fireblocks, a digital asset platform that many companies rely on. This means more businesses and users can now tap into the TON ecosystem through Fireblocks, fueling USDT’s growth on the network.
UAE’s New Stablecoin Regulations
The UAE recently approved a licensing framework for stablecoins, giving clearer guidelines for issuing, licensing, and managing these digital assets. This decision, made on June 3, particularly affects stablecoins pegged to the dirham, the UAE’s currency.
In another major update, AED Stablecoin, a UAE-based stablecoin issuer, got initial approval from the UAE central bank on Oct. 18. If granted full approval, AED Stablecoin will be able to offer a regulated, dirham-backed stablecoin in the UAE, marking a new chapter for stablecoin regulation in the region.
