TON, Curve Finance Launch New Stablecoin Features, Toncoin Price Rally Ahead?

The TON Foundation has teamed up with decentralized exchange Curve Finance to foster a novel TON-based stable swap project. This initiative is set to facilitate enhanced stablecoin trading on the TON blockchain. The collaborative effort aims to use Curve’s Constant Function Market Maker (CFMM) technology, which is acclaimed for reducing the price impact on stablecoin swaps.