TON Partners with Curve Finance to Launch Stablecoin Swap Project
Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
TON Foundation partnered with Curve Finance on September 17 to develop a stablecoin swap project on the TON blockchain.
According to a press release by TON Society, the collaboration will utilize Curve’s market-making technology to create a more efficient environment for stablecoin transactions on the TON blockchain.
The new stablecoin swap project will employ Curve Finance’s constant-function market maker (CFMM) technology, facilitating low-slippage trading in the decentralized finance sector.
The integration is expected to simplify stablecoin exchanges on the TON blockchain and reduce price impact during transactions.
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