{"id":29466,"date":"2024-09-19T18:00:41","date_gmt":"2024-09-19T15:00:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=29466"},"modified":"2024-09-19T10:00:03","modified_gmt":"2024-09-19T07:00:03","slug":"toncoin-and-curve-finance-announce-collaboration","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/toncoin-and-curve-finance-announce-collaboration\/","title":{"rendered":"Toncoin and Curve Finance Announce Collaboration"},"content":{"rendered":"<p>Toncoin (TON) and Curve Finance (CRV) have decided to establish a new stablecoin swap platform on the TON blockchain in a strategic partnership. This partnership aims to improve user experience and make stablecoin trading more efficient.<\/p>\n<p>This partnership between the TON Foundation and Curve Finance will leverage Curve\u2019s CFMM (Fixed Function Market Maker) technology to optimize stablecoin swaps. This technology will reduce price slippage, providing users with a better trading experience. TON Foundation\u2019s DeFi leader Vlad Degen emphasized the importance of this partnership, stating that more stablecoins and assets from different chains will soon be seen on the TON blockchain.<\/p>\n<p><em>Might interest you: <a href=\"https:\/\/coinengineer.net\/blog\/binance-ceo-richard-teng-made-a-comment-about-feds-rate-cut\/\">Binance CEO Richard Teng Made A Comment About Fed\u2019s Rate Cut<\/a><\/em><\/p>\n<p>This development comes at a time when demand for stablecoins on the TON blockchain is rapidly increasing. In particular, since the launch of USDt on TON, net circulation has reached approximately $730 million. The new stablecoin exchange platform is expected to meet this growing demand, increasing liquidity and accelerating adoption in TON\u2019s Web3 ecosystem.<\/p>\n<p>The project will be managed by an independent team selected through a transparent process by the TON community, with Curve Finance founder Michael Egorov serving as advisor to the team.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toncoin (TON) and Curve Finance (CRV) have decided to establish a new stablecoin swap platform on the TON blockchain in a strategic partnership. This partnership aims to improve user experience and make stablecoin trading more efficient. This partnership between the TON Foundation and Curve Finance will leverage Curve\u2019s CFMM (Fixed Function Market Maker) technology to<\/p>\n","protected":false},"author":6,"featured_media":8714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[1320,727,397,8674],"class_list":["post-29466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-curve","tag-curve-finance","tag-ton","tag-tonocin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Toncoin and Curve Finance Announce Collaboration - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/toncoin-and-curve-finance-announce-collaboration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toncoin and Curve Finance Announce Collaboration - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Toncoin (TON) and Curve Finance (CRV) have decided to establish a new stablecoin swap platform on the TON blockchain in a strategic partnership. 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This partnership between the TON Foundation and Curve Finance will leverage Curve\u2019s CFMM (Fixed Function Market Maker) technology to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/toncoin-and-curve-finance-announce-collaboration\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-19T15:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-19T07:00:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2023\/12\/tempory-30.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/toncoin-and-curve-finance-announce-collaboration\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/toncoin-and-curve-finance-announce-collaboration\/\",\"name\":\"Toncoin and Curve Finance Announce Collaboration - 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