TON Foundation Partners with SCRYPT to Enhance Institutional Access to Stablecoins

The Open Network (TON) Foundation has announced a significant partnership with SCRYPT, Switzerland’s largest stablecoin infrastructure partner. This collaboration aims to provide businesses with the necessary infrastructure to access USDT on TON Blockchain.

SCRYPT will enable banks, fintechs, payment providers, and corporate treasuries to access USDT on TON through a single, Swiss-licensed regulated platform. This includes near-instant cross-border settlement, fiat conversions, and fully compliant 24/7 on/off ramps. The partnership is expected to meet the increasing demand for stablecoins as a settlement layer of choice for global payments.

Nikola Plecas, VP of Payments at TON Foundation, commented that this partnership marks a significant milestone in demonstrating how blockchain can power real-world financial infrastructure beyond tokenisation. Gabriel Titopoulos, MD, Markets & Trading at SCRYPT, added that stablecoin rails are becoming the settlement layer for global payments, and this partnership enables institutions to access stablecoins on TON with trusted digital asset infrastructure.