HashKey Group taps TON mini-game Catizen as first Web3 partner - CoinJournal

HashKey Group and Telegram mini-game Catizen have announced a partnership, with Catizen teh first official Web3 partner. The Asia-based firm will leverage the TON blockchain.

HashKey Group has announced Catizen, a Telegram mini-game platform on the TON blockchain, as its first Web3 partner. The company will use the partnership to bolster Catizen’s Web3 gaming ecosystem, providing the mini-game’s over 29 million users a more compliant and reliable digital experience. With the partnership announced on August 19 in place, users are set to benefit from gamified digital finance, airdrop campaign and other initiatives.

HashKey Group said in a press release that the company will tap into TON blockchain’s technology to bring these goals into action, targeting further growth within the GameFi and digital entertainment infrastructure market. “As a phenomenal product in the GameFi sector in 2024, Catizen offers possibilities for the future development of next-generation GameFi. We are excited to continue participating in the global digital entertainment industry innovation based on our collaboration within the Ton ecosystem,” Ben El-Baz, managing director of HashKey Global, stated. The development comes after HashKey Group struck a strategic partnership with TON Foundation in April. HashKey’s partnership has since seen TON blockchain experience major developments in the GameFi space, with Catizen one of the Telegram mini-games to explode in user base and number of daily active users. Catizen continues to see significant traction amid viral adoption for competitors such as Kombat Hamster.  

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Tether will soon bring USDT minting to Aptos blockchain. USDT is the world’s largest stablecoin with a market cap of over $116 billion. Integration will boost Aptos’ decentralised finance ecosytem.

Tether’s USDT stablecoin will soon be available on the Aptos, the company behind the US dollar-pegged stablecoin announced on Monday. According to Tether, the integration is part of the company’s broader strategy to bring the benefits of digital currencies to more people globally. USDT expands to Aptos The expansion to Aptos, a blockchain network designed to offer speed and scalability, gives Tether another opportunity to realise this goal. With Aptos making transaction costs extremely low, the community will be able to tap into use cases such as microtransactions. “Aptos’ innovative technology offers a solid platform for facilitating faster and more cost-effective transactions with USD₮. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools,” Paolo Ardoino, CEO of Tether, said in a statement. USDT is the world’s leading stablecoin by market cap, currently at over $116 billion and daily volume of over $31 billion. Meanwhile, Aptos is currently the world’s 33rd largest cryptocurrency network by market cap at $2.8 billion. Apart from the integration helping to grow Tether’s user base, it also brings the benefits of USDT’s market reach to provide developers a more robust ecosystem for project development. Builders on Aptos will combine USDT and Move on Aptos to expand both the decentralised finance (DeFi) and payments ecosystem on Aptos. “The launch of USD₮ on Aptos accelerates the availability and utility of real-world value for institutions, Web3 builders, and regular people worldwide,” Bashar Lazaar, head of grants & ecosystem at Aptos Foundation, noted. Tether has expanded to several blockchains, including TON blockchain. However, most supply is on Tron and Ethereum, while the stablecoin issuer has recently discontinued minting on EOS and Algorand blockchains.

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