Demex Daily #347: TON Integrates LayerZero for USDT Expansion

What’s Interesting Today:

TON integrates with LayerZero to enhance cross-chain capabilities, connecting with over 100 blockchains, including Ethereum, Tron, and Solana. This integration strengthens TON’s role in Tether’s USDT ecosystem, enabling seamless asset transfers via Stargate. Key partners include Tether, Ethena, and Stargate, marking TON’s expansion into interoperability. Already the fourth-largest network for USDT, TON has seen rapid growth, surpassing $1.4 billion in circulating USDT within months of its April 2024 launch.

Trade THE OPEN NETWORK TON-PERP on Demex

Uniswap launched Unichain, an Ethereum L2, to make DeFi faster and cheaper with one-second blocks and 95% lower fees. The network supports cross-chain liquidity and decentralization from day one. While Unichain aims to solve Ethereum’s congestion issues, some experts worry L2s could impact Ethereum’s market cap long-term.

Trade UNISWAP UNI-PERP on Demex