TON Contests launches “Smart Contract Cracking Competition — Jetton With Governance” which may indicate that native USDT will soon be launched on TON

The Ton Contests channel announced that the TON ecosystem has launched the "Smart Contract Cracking Competition - Jetton With Governance". It is reported that the size of the prize pool for this competition has reached 20,000 TON tokens. It is expected to end at 18:00 UTC time on April 1. The competition task is to identify Potential vulnerabilities and issues in the new Jetton with Governance smart contract (https://github.com/ton-blockchain/stablecoin-contract). It is reported that if native USDT is to be issued on a chain, the relevant contracts must have enforcement capabilities such as destruction and freezing. This competition undoubtedly announces that native USDT will be launched on TON soon.


This article was updated on March 27, 2024