Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Add USDT info section #575

Merged
merged 4 commits into from
May 22, 2024
Merged

Add USDT info section #575

merged 4 commits into from
May 22, 2024

Conversation

gleb498
Copy link
Contributor

@gleb498 gleb498 commented May 8, 2024

Related Issue

#574

@gleb498 gleb498 requested a review from SwiftAdviser as a code owner May 8, 2024 09:10
@gleb498 gleb498 force-pushed the usd-info branch 2 times, most recently from 8b5d4e1 to 27a7784 Compare May 8, 2024 14:22

Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price. E.g. USD₮ stablecoin is issued by the company [Tether](https://tether.to/en/) in the form of ERC-20 tokens that move across the blockchain just as easily as other digital currencies but that are pegged to real-world currencies on a 1-to-1 basis (e.g., 1 USD₮ = 1 USD) and are backed 100% by Tether’s reserves. This offers traders, merchants and funds a low volatility solution when exiting positions in the market.

In TON Blockchain USD₮ supported as [Jetton](/develop/dapps/asset-processing/jettons) jUSDT.
Copy link
Member

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

More accurate here:
In TON Blockchain USD₮ is supported as a Jetton Asset.

jUSDT is the name of another USDT jetton, wrapped from the ETH.


## jUSDT vs USDT

Since the company Tether has never issued USDT tokens for TON Blockchain due to it is not directly supporting the ERC-20 standard or for other reasons, there exists its own token in TON Network, called jUSDT. It, in turn, is a Wrapped original USDT token from the Ethereum or BNB network.
Copy link
Member

@reveloper reveloper May 14, 2024

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

This text does not fit situation

We want to tell the following:

  • jUSDT is a wrapped token of ERC-20 USDT token bridged with bridge.ton.org.
  • The public launch happened on 18.04.2023.
  • After launching USD₮, the jUSDT has moved to the second priority token but is still used in services as an alternative or addition to USD₮.

To integrate Tether’s USD₮ Token on TON Blockchain use the contract address:
[EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs](https://tonviewer.com/EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs?section=jetton)
:::

Copy link
Member

Choose a reason for hiding this comment

The reason will be displayed to describe this comment to others. Learn more.

Let's add more "Use" buttons for calls to action. Some will integrate (projects), while others will process (exchanges, mainly exchanges).

Here are 2 flows:

  1. Leads to assets SDK:
    https://github.com/ton-community/assets-sdk

  2. Leads to processing:
    https://docs.ton.org/develop/dapps/asset-processing/jettons

Example of buttons: https://github.com/ton-community/ton-docs/blob/main/docs/develop/smart-contracts/README.mdx?plain=1#L18

@reveloper
Copy link
Member

@gleb498, thank you, great job!

@reveloper reveloper merged commit 6e1a7ad into ton-community:main May 22, 2024
1 check passed
@bachhoant
Copy link

6e1a7ad

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

Successfully merging this pull request may close these issues.

4 participants