NVIDIA Deal Elevates Toncoin, While Trump-Backed World Liberty Ventures into Crypto Lending
NVIDIA Deal Elevates Toncoin, While Trump-Backed World Liberty Ventures into Crypto Lending
The Toncoin ecosystem is experiencing significant growth with AlphaTON, a Telegram-based AI, securing a deal with NVIDIA to expand its GPU rental network. Simultaneously, a Trump-backed entity, World Liberty, has entered the crypto lending space, with its USD1 stablecoin showing signs of climbing the ranks, albeit under increased regulatory scrutiny.
Toncoin Ecosystem Expands with NVIDIA Partnership
AlphaTON, a privacy-preserving and decentralized AI project operating on Telegram, is set to significantly expand its reach and utility for Toncoin (TON). The platform, which rewards users in Toncoin for renting out their GPUs for processing queries, has announced a strategic deal with NVIDIA. This partnership is expected to bolster the project's infrastructure and exposure, reinforcing Toncoin's position in the decentralized AI sector.
Trump-Backed World Liberty Ventures into Crypto Lending, USD1 Gains Traction
In other market news, World Liberty, a venture backed by former President Trump, has officially entered the crypto lending sector. This move coincides with reports of its stablecoin, USD1, experiencing an ascent in the broader stablecoin rankings. The launch, however, has drawn considerable scrutiny, particularly as World Liberty pursues a U.S. bank charter, with critics raising concerns about potential financial conflicts of interest related to the Trump family.