Tether has announced the operation of its cryptocurrency, USDT, on the TON Network. This announcement was made during a significant event in Dubai, reflecting the city's growing prominence in the blockchain technology space.

The United Arab Emirates (UAE) provides a supportive environment for Tether's expansion into Web3 technologies, underscoring its strategic position in the global blockchain industry. The UAE's regulatory framework and business-friendly policies make it an ideal location for such ventures.