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Tether Drops Gold-Backed Stablecoin on TON—Telegram’s 800M Users Get Shiny New Toy
Tether Drops Gold-Backed Stablecoin on TON—Telegram’s 800M Users Get Shiny New Toy
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Tether just slapped gold backing onto a stablecoin and launched it on TON—because why settle for fiat when you can gild the lily? Telegram’s massive user base now gets to play with crypto’s latest attempt to marry precious metals and blockchain.
Gold-standard or gold-plated? The move screams ‘store of value’ but smells like marketing—because nothing says ‘stable’ like pegging to a commodity that swings 5% before breakfast. Still, it’s a slick play for Telegram’s crypto-curious crowds.
Watch the institutional FOMO begin. Banks will hate this—unless they’re already front-running the launch.
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