TON TVL Declines to $248 Million as USDT Supply Surpasses $1.43 Billion

The total value locked (TVL) in The Open Network (TON) has dropped to $248 million, a sharp decline from its record high of $740 million in July 2024, according to Wu Shuo. TON's earlier growth was fueled by the surge in mini-applications and the network's native support for USDT.Meanwhile, the supply of Tether (USDT) has surpassed $1.43 billion, accounting for 25% of DEX trading volume. The... source: https://www.binance.com/en/square/post/18126842642618?utm_source=BinanceNewsRSS