Transition from jUSDT to native USDt USDt's launch on TON ha | The Open Network

Transition from jUSDT to native USDt

USDt's launch on TON had huge success: there are already 316 million USDt in circulation!

Before launching the native USDt, the bridged jUSDT fulfilled its role in the TON blockchain.

Along with the launch of native USDt on TON, work has begun on cross-chain solutions that will allow transfers of native USDt from various networks into TON blockchain and vice versa.

Thus, we are proposing to start migrating from jUSDT to the native USDt on TON.

— The perсentage fee in bridge has been removed from the transfer of jUSDT from TON back to Ethereum.

— Over the next few weeks, TON Foundation will add liquidity to the jUSDT-USDt pools on TON DEX(es) for a while to allow small holders of jUSDT be able to exchange them for native USDt on TON DEX(es).

— After two weeks, jUSDT transfers from Ethereum to TON on bridge.ton.org will be closed at 12:00 UTC on June 10. Transfers of jUSDT from TON to Ethereum will work as long as there are jUSDT holders. Other tokens will continue to be processed without changes.

This is a scheduled event, all your funds are safe.
Please consider transferring either your jUSDT back to Ethereum via bridge (for larger amounts) or exchanging your jUSDT to native USDt on DEXes (for smaller amounts).