TON Foundation has revealed a partnership with leading DEX Curve Finance to launch a stable swap project on TON. The collaboration aims to create new opportunities on the TON network by utilizing Curve’s CFMM technology for trading stablecoin. This integration would reduce slippage and price volatility and boost liquidity to enhance user DeFi experiences when trading stablecoin. DeFi Lead at TON Foundation claimed that the TON community had exhibited high demand for the USDT token since its launch on the TON ecosystem. He added that more stablecoins and crypto assets from other chains like Bitcoin would soon join the ‘TON bandwagon.’
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Source: https://coinpedia.org/crypto-live-news/ton-foundation-partners-with-curve-finance-to-launch-stable-swap-project-on-ton-network/