Tether (USDT) transfers have emerged as the leading source of activity on Toncoin. After a brief airdrop period, the network has returned to its usual pattern of value transfers across apps and DeFi hubs. 

Tether’s USDT was the most active token on Toncoin in October. The data examined revealed that Toncoin is not actually a meme token chain. It does not only primarily carry tap-to-earn games either. It is also one of the few specially selected networks to carry native USDT with the e-commerce and advertising infrastructure that needs the liquidity. 

Native USDT is also used in addition to TON as a utility and gas fee token. 

Over time, USDT supply on Toncoin has increased to 892M, bringing more liquidity. More than 2M traders use this version of the token.