TON's upcoming Bitcoin package on its network may be tgBTC
On August 15th, TON officials posted on X platform: "tgBTC". This may imply that TON will name the Bitcoin network bridge token, TON Teleport BTC, as "tgBTC". This bridging token allows users to transfer Bitcoin securely and without trust to the TON blockchain. This bridge will enable BTC to directly interact with decentralized finance (DeFi) applications on the TON network, such as decentralized exchanges (DEX) and lending platforms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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