Tether, the largest stablecoin USDT issuer company, announced that it is collaborating with the TON Foundation and Oobit to create a seamless cryptocurrency payment solution.
Announcing the partnership in question from its X account, Tether stated that the Oobit application will offer users a unique convenience in daily transactions by allowing instant crypto payments with TON and USDt-TON:
“Tether, the largest company in the digital asset industry, is joining forces with the mobile payment application Oobit and the TON Foundation to revolutionize the use of cryptocurrencies as a payment tool and offer users a seamless and convenient payment tool.”
Tether CEO Paolo Ardoino said of the partnership: “We are excited to collaborate with Oobit and the TON Foundation to expand the utility of Tether and drive the adoption of cryptocurrency payments. This collaboration underlines our commitment to increasing innovation and accessibility in this field. “Together, we will provide banking solutions to the unbanked population and revolutionize the way users transact with cryptocurrencies, making it easier and more convenient.” said.
After the partnership news, there was a slight upward movement in the TON price.
*This is not investment advice.